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Radon Mitigation Pittsburgh (Free subscription) | 11/18/2009
November 18, 2009 (FinancialWire) (By Frank Kollar) Shares of Biotech HOLDRS (AMEX: BBH) declined some 13% in just over two weeks in the last half of October and 15% from their rally high at $104.87 reached on July 30. Is it time to buy? Shares of this widely followed biotech ETF have rebounded over the past two weeks, but unlike the major stock indexes which are at new 2009 highs; Biotech...
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Radon Mitigation Pittsburgh (Free subscription) | 11/03/2009
November 3, 2009 (FinancialWire) (By Frank Kollar) Shares of computer maker Dell Inc (NASDAQ: DELL) reached important support levels late last week and on Monday, November 2. A week ago we wrote: With the exception of one trading days intra-day lows, the $14.80 level has held all declines since Dell rallied last August. This should be strong support if we continue to see market weakness...
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Radon Mitigation Pittsburgh (Free subscription) | 10/30/2009
- Analytical Commentary - October 30, 2009 (FinancialWire) (By Frank Kollar) The S&P 500 Index (SPX) and its tracking ETF the S&P Deposit Receipts (NYSE: SPY) had solid rallies on Thursday, October 29, completely erasing the previous days almost 2% losses. A solid gain is always bullish, but there are reasons to be very careful here. Typically the stock market corrects in waves...
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Radon Mitigation Pittsburgh (Free subscription) | 10/23/2009
- Technical Analysis - October 23, 2009 (FinancialWire) (By Frank Kollar) Both the S&P 500 Index (SPX), and its tracking ETF the S&P Deposit Receipts (NYSE: SPY) pulled back mid-week sparking several analysts to write that a correction was under way. Though the stock market may be over due for a correction as well as overbought, this is a momentum rally and no one can know how...