CHESSNOID

Google stock beat estimates even in this down and out economy. Maybe google is recession proof. Today the stock closed at 353.02 and after hours it is up 36.97 points which is about 10%.  Who knows, maybe google will ignite a major rally tomorrow.
I have always thought google to be a great leader in its [...]

The market defied logic and made me wrong. In the last 90 minutes of the day, all the indexes reversed and shot up an average of 5%.  So the pattern is up Monday, down Tuesday, down Wednesday, and up Thursday. Today, the averages were down 4% and then kept crossing the break even line.  Personally, [...]

It’s hard to predict what the stock market closing numbers will be. If anyone really knew that, then they would already be rich. That would be similar to knowing what the winning lottery numbers are before they are picked. Anyways, from the information we do have, we can make estimations of what we think the [...]

The stock market has some follow through of yesterday’s sell off, although at the beginning of the session all the 3 indexes were up from 1-2.5%.   Now all 3 indexes are down about 2%.  All this activity is taking place in the first 2 hours of the day.  Here are the current numbers:

Dow

8,379.43
-198.48
(-2.31%)

Nasdaq

1,597.09
-31.24
(-1.92%)

S&P 500

886.22
-21.62
(-2.38%)

The only main [...]