Avi M.

Followers
3 Blog Followers
Following:
Following Blogs: 0

Latest Activity

A strong dollar crushes stocks & commodities

Avi M. posted an article on - Dec 4, 2009, 3:33 pm
Markets wanted to fly after the jobs report, but could not cope with sudden strength in the dollar. Dow shot out of the gate with a 150 gain bringing it above 9.5K, another high for 2009. Midday selli...
Comment - Like

Early gains vanish after a favorable jobs report

Avi M. posted an article on - Dec 4, 2009, 10:58 am
After a very strong start, markets sold off. Dow is down 25, advancers head of decliners 5-2 & NAZ was even. Banks participated in the brief rally & are now selling off. S&P 500 FINANCIALS INDEX Va...
Comment - Like

Last hour selling drags down stocks

Avi M. posted an article on - Dec 3, 2009, 3:35 pm
Dow dropped 86, decliners were ahead of advancers almost 2-1 & NAZ fell 11. Dow spent much of the day hovering near break even but sold off in the last hour. Banks have been having a difficult time at...
Comment - Like

Mixed markets on conflicting economic data

Avi M. posted an article on - Dec 3, 2009, 10:28 am
Dow was up 8, advancers ahead of decliners by 15% & NAZ rose 9. Banks are still sloshing around trying to find traction. S&P 500 FINANCIALS INDEX Value 196.95Change -0.03 % Change -0.0% MLPs are ...
Comment - Like

Markets waver, looking for guidance

Avi M. posted an article on - Dec 2, 2009, 3:37 pm
Without encouraging news, Dow slipped 18, advancers over decliners better than 3-2 & NAZ gained 9. Dow stayed in a narrow trading range, within 30 points of break even. Banks did little. Below I added...
Comment - Like

Markets edge higher after jobs report

Avi M. posted an article on - Dec 2, 2009, 11:02 am
There is not a lot of direction in the markets even though they have an upward bias. Dow is down 9, advancers over decliners 2-1 & NAZ rose 12. Banks have had difficulty finding their way for 3 mon...
Comment - Like

November auto sales boost stocks

Avi M. posted an article on - Dec 1, 2009, 3:36 pm
Auto sales figures, while not great, were good enough for the Dow to eke out a new 2009 high. Dow advanced 126, advancers ahead of decliners almost 4-1 & NAZ went up 31. However banks were mixed, the ...
Comment - Like

Markets rise as fears subside

Avi M. posted an article on - Dec 1, 2009, 10:17 am
Fears are being calmed bringing back buyers to the markets. Dow is up 104 (inches from its 2009 high of last week), advancers ahead of decliners 4-1 & NAZ gained 25. However banks slipped, but the F...
Comment - Like

Stocks rise as Dubai debt concerns ease

Avi M. posted an article on - Nov 30, 2009, 3:35 pm
Stocks spent much of the day under water. Buying returned late in the day bringing markets back into the black on what could have been a very rough day. Dow gained 34 (120 below the high for 2009 reac...
Comment - Like

Markets slip on Dubai debt uncertainty

Avi M. posted an article on - Nov 30, 2009, 10:46 am
Dow dropped 30 after a positive start, decliners ahead of advancers by 15% & NAZ was down 14. Banks were a little higher, but off their highs. S&P 500 FINANCIALS INDEX Value 193.66Change 1.90 % Ch...
Comment - Like

Dubai woes ease

Avi M. posted an article on - Nov 27, 2009, 2:36 pm
Dow fell 154, decliners over advancers 5-1 & NAZ was off 37. The popular averages remain within striking distance of their 2009 highs set in the last week (or so). Banks however are not so fortunate...
Comment - Like

Stocks tumble on Dubai debt crisis

Avi M. posted an article on - Nov 27, 2009, 10:37 am
Dow recovered to a loss of 130 after a plunge of 200 at the opening, decliners ahead of advancers 5-1 & NAZ dropped 26. Dubai worries dominate thinking. Banks slumped taking the Financial Index to t...
Comment - Like

Dow edges up to a new high for 2009

Avi M. posted an article on - Nov 25, 2009, 3:41 pm
Markets just lumbered along on a very quiet day as many successful players already started their long holiday weekend. Dow gained 30 to 9464, good enough for another new high for 2009. Advancers were ...
Comment - Like

Higher stock markets on sales of new homes

Avi M. posted an article on - Nov 25, 2009, 10:51 am
Dow is up 47, advancers ahead of decliners 5-2 & NAZ rose 9 on a quiet, but encouraging day (less encouraging for banks) on light volume. S&P 500 FINANCIALS INDEX Value 197.39Change -0.19 % Change...
Comment - Like

Stocks drift lower

Avi M. posted an article on - Nov 24, 2009, 3:44 pm
Markets started weaker, then sellers gave up. Averages rose during the day but lacked enough oomph to break into the black. Dow fell 17 (& failed to record another 2009 high), decliners ahead of advan...
Comment - Like

Stocks struggle to advance

Avi M. posted an article on - Nov 24, 2009, 10:35 am
Popular averages rebounded a little after initial selling. Dow was off 33, decliners over advancers almost 2-1 & NAZ was down 10. Buying in the PM can still take the Dow to another yearly high. Aft...
Comment - Like

Markets held most of early gains

Avi M. posted an article on - Nov 23, 2009, 3:39 pm
Dow gained 132, advancers over decliners better than 3-1 & NAZ rose 30 (but not good enough for a 2009 high). Banks had a good day & the Financial Index continues to waffle around 200 as it has done f...
Comment - Like

Stocks surge on October housing purchases

Avi M. posted an article on - Nov 23, 2009, 10:40 am
Dow exploded out of the gate & continues near its best levels. Dow is up 155, advancers over decliners 6-1 while NAZ rose 36. Dow is at another 2009 high, NAZ is only a few points away from its hig...
Comment - Like

Market losses limited with late day buying

Avi M. posted an article on - Nov 20, 2009, 3:17 pm
Markets bounced back late in the day. With monthly options expiring, it's always difficult to find meaning in this trading. Dow had been down 60 at its low but finished with a loss of 14, decliner...
Comment - Like

Markets drift lower as Dell disappoints

Avi M. posted an article on - Nov 20, 2009, 10:51 am
Dow was lower & continues to slide. Dow dropped 57, decliners over advancers 2-1 & NAZ fell 10 (hurt by a weak earnings report from Dell last night). Banks are off again. The Financial Index retur...
Comment - Like

Weak economic data takes its toll on markets

Avi M. posted an article on - Nov 19, 2009, 3:42 pm
Late day buying reduced markets losses. Dow was off 93 (recovering half its biggest loss), decliners over advancers 4-1 & NAZ fell 36 after being hit been hard hit on a grimmer outlook for chip compan...
Comment - Like

Markets slumps on weak economic data

Avi M. posted an article on - Nov 19, 2009, 10:32 am
Dow sold off 155, decliners over advancers 6-1 & NAZ tumbled 47. Banks which have been trading sideways for 3 months led the way down. S&P 500 FINANCIALS INDEX Value 196.96Change -4.44 % Change -2...
Comment - Like

Markets trade sidways for third day

Avi M. posted an article on - Nov 18, 2009, 3:34 pm
Stocks started lower & remained under water all day. But losses were modest & late day buying limited losses for the day. Dow was down 11, decliners over advancers 5-4 & NAZ was off 10. Banks were hig...
Comment - Like

Markets drift lower on sluggish economic data

Avi M. posted an article on - Nov 18, 2009, 10:18 am
In another restful day of trading, Dow is off 40, decliners over advancers 4-3 & NAZ fell 15. Banks are getting some buying interest, the Financial Index is back over 200. S&P 500 FINANCIALS INDEX ...
Comment - Like

Bull market hesitates

Avi M. posted an article on - Nov 17, 2009, 3:36 pm
Dow rose 30, decliners ahead of advancers by 15% & NAZ was up 5. Volume was light (only 1B shares were traded on the NYSE floor) in this indecisive day. Along with the markets, banks were essentially ...
Comment - Like

Lackluster day for the markets

Avi M. posted an article on - Nov 17, 2009, 10:27 am
Dow was off 38, decliners over advancers 2-1 & NAZ fell 11 in unexciting trading. The Financial Index has been clinging to the 200 level for 3 months while other averages have been hitting new 2009 h...
Comment - Like

Markets fall on lower energy use

Avi M. posted an article on - Nov 12, 2009, 3:36 pm
Dow dropped 93 closing near the lows, decliners ahead of advancers 4-1 & NAZ fell 17 on a sluggish day of trading. Banks & energy led stocks lower. The Financial Index is well below 200, a new floor i...
Comment - Like

Stocks slip on improved jobless data

Avi M. posted an article on - Nov 12, 2009, 10:37 am
Dow fell 48 decliners over advancers 5-2 & NAZ was off 7. Banks were soft, the Financial Index went below 200. S&P 500 FINANCIALS INDEX Value 198.83Change -2.38 % Change -1.2% High yields were s...
Comment - Like

Up markets again

Avi M. posted an article on - Nov 11, 2009, 3:35 pm
Dow gained 44 (another high for 2009), advancers over decliner 3-2 & NAZ was up 15. Banks were strong as the Financial Index went above 201. S&P 500 FINANCIALS INDEX Value 201.31Change 2.77 % Chan...
Comment - Like

Stocks seesaw

Avi M. posted an article on - Nov 10, 2009, 4:40 pm
Markets drifted on a day with little stirring news. Dow was up 20, decliners over advancers 3-2 & NAZ fell 3. Banks also had a minor loss. The Financial Index is little changed from where it was 3 mon...
Comment - Like

Markets fluctuate near 2009 highs

Avi M. posted an article on - Nov 10, 2009, 10:15 am
Stocks were are trying to figure out where to go after yesterday's big gains. Dow is even, advancers ahead of decliners 5-4 & NAZ is down 5. Banks sold off. S&P 500 FINANCIALS INDEX Value 198.2...
Comment - Like

Stocks surge on continued easy money expectations

Avi M. posted an article on - Nov 9, 2009, 3:44 pm
Favorable announcements by the G-20 brought out stock buyers in droves. Dow rose 203 to 10,226, another 2009 high, advancers ahead of decliners 5-1 & NAZ was up 41. Banks benefited from the enthusiasm...
Comment - Like

Dow hits a 2009 high as gold tops $1100

Avi M. posted an article on - Nov 9, 2009, 11:05 am
Markets started strong & continued rising. Dow shot up 147, advancers over decliners by an impressive 5-1 & NAZ was up 29. Banks, as usual, are leading the way higher but the Financial Index remains...
Comment - Like

Negative jobs data was not able to sink markets

Avi M. posted an article on - Nov 6, 2009, 3:18 pm
Stocks muddled by on a light volume day. Dow, up 17, was able to hold above the 10K line, advancers & decliners were even & NAZ gained 7. Banks fell but not too badly. S&P 500 FINANCIALS INDEX Value...
Comment - Like

Markets mixed after jobless rates tops 10%

Avi M. posted an article on - Nov 6, 2009, 11:07 am
Dow sank 70 on the opening after the report about unemployment topping 10%, but has climbed back to up 6. However, only 9 Dow stocks gained. Decliners were ahead of advancers 3-2 & NAZ was even. B...
Comment - Like

Dow crossed 10,000 as all 30 gained

Avi M. posted an article on - Nov 5, 2009, 3:44 pm
Stocks started very strong & remained at high levels all day (shown in the Bigcharts widget on the right), closing at its high. Dow advanced 204, advancers over decliners almost 4-1 & NAZ was up a ver...
Comment - Like

Markets zoom on lower jobless claims

Avi M. posted an article on - Nov 5, 2009, 10:36 am
Stocks started strong & didn't look back. Dow is up 175, advancers over decliner 4-1 & NAZ is up 20. Nothing like a favorable jobless claims report to help stocks. Banks are up, but with a so-...
Comment - Like

Markets sell off after Federal Reserve holds rates low

Avi M. posted an article on - Nov 4, 2009, 3:43 pm
Stocks liked what they heard from the Federal Reserve about keeping rates low. But in the last hour sellers returned, pretty much wiping out early gains (shown in the Bigcharts widget on the right). T...
Comment - Like

Higher markets on prospects Federal Reserve will keep interest rates low

Avi M. posted an article on - Nov 4, 2009, 10:40 am
Stocks started strong & continued higher. Dow was up 118, advancers over decliners 4-1 & NAZ gained 17. Banks are doing well (although slipping in the last hour). The Financial index is still at th...
Comment - Like

Markets hang on to some of early gains

Avi M. posted an article on - Nov 2, 2009, 3:35 pm
Dow had been up 100, pulled back & a late day rally brought the gain back to 76. Breadth slipped as decliners & advancers were about equal while NAZ was up 4. None of the Dow stocks managed a $1 gain....
Comment - Like

Stocks & gold rise together

Avi M. posted an article on - Oct 6, 2009, 3:22 pm
Dow rose at the start & stayed sharply higher for the rest of the day. Dow closed up 131 taking it within 100 of its high this year, advancers were over decliners 3-1 (down from the 6-1 ratio in the A...
Comment - Like

Markets surge, nearing 2009 highs

Avi M. posted an article on - Oct 6, 2009, 10:30 am
Dow soared again today, up 167 nearing its 9830 close just 2 weeks ago. Advancers are 6-1 ahead of decliners & NAZ shot up 40. Banks are leading the way as the Financial Index is up an impressive 9 ...
Comment - Like

Short term oversold markets rally

Avi M. posted an article on - Oct 5, 2009, 3:38 pm
Dow gained 112 closing near the highs after 2 weeks of setbacks, advancers ahead of decliners 4-1 & NAZ was up 20. For 2 months the Financial Index has been just under 200 & more recently broke thru ...
Comment - Like

Higher service sector activity lifts stocks

Avi M. posted an article on - Oct 5, 2009, 10:59 am
Dow rose 60, advancers ahead of decliners almost 4-1 & NAZ was up 17 after selling off last week. Banks were strong, helped by upgrades for major banks. Wells Fargo (WFC), in particular, is having a...
Comment - Like

Markets tread water after unemployment report

Avi M. posted an article on - Oct 2, 2009, 3:11 pm
Sellers were never able to take command & a few buyers returned later in the day, bringing the averages back nearer break even. Dow was off 21, decliners over advancers almost 2-1 & NAZ slipped 9. Aft...
Comment - Like

Stocks stumble over gloomy unemployment data

Avi M. posted an article on - Oct 2, 2009, 11:01 am
Markets absorbed the unemployment news fairly well. Dow was down only 39, decliners over advancers 5-2 & NAZ dropped 10. Banks were a little weak after yesterday's big decline. 500 FINANCIALS I...
Comment - Like

Stocks begin October on the wrong foot

Avi M. posted an article on - Oct 1, 2009, 3:48 pm
Dow started the day (& month of Oct) down & remained in the dumps all day. Dow finished with a 203 decline (closing at its lows), decliners over advancers almost 5-1 & NAZ was off a very big 64. Banks...
Comment - Like

Markets tumble into the new quarter

Avi M. posted an article on - Oct 1, 2009, 10:42 am
Stocks began the new quarter on defense. Dow dropped 141 (& slipping), decliners over advancers 4-1 & NAZ fell a big 47. Banks suffered, hurt by the resignation of Ken Lewis at B of A (BAC), a Dow s...
Comment - Like

Markets end the month & quarter on a whimper

Avi M. posted an article on - Sep 30, 2009, 3:43 pm
Dow gained more than 200 in "terrible" Sep, but seems to have lost its head of steam in the last 2 weeks including today. Dow fell 30 (after being off more than 100 in the AM), decliners ahead of adva...
Comment - Like

Markets tumble on negative business data

Avi M. posted an article on - Sep 30, 2009, 10:29 am
Q3 is closing on a down note. Dow is off 92, decliners over advancers 3-1 & NAZ was off 19. Banks are leading the way down bringing the Financial Index below the important 200 level. S&P 500 FINANC...
Comment - Like

Avi M.'s Blogs:

Avi M.'s Followers

Avi M. is Following

Invite Your Friends

Invite your contacts to blogged from:
gmail yahoo