Carlos Molina :: Swing Trading :: Trading stocks to make money in the market.

Posts Tagged Under Europe

February 23rd, 2010

Consumer Confidence at 10-month Low

Dow Jones off 100+points, Nasdaq and S&P 500 also down for the day. Financials, materials and energy were among the biggest losers. We saw the VIX jumping above the $21 level right after the report on the consumer showed us a huge drop from 56.50 to 46. There were news also from Germany that overshadowed their earnings expectations.
We also need to remember about the mess with Greece; it has not been resolved.

Posted in Featured
By Carlos Molina

February 10th, 2010

Markets end lower barely at the 10,000 level

Another day in the markets, another roller coaster. Early in the morning we were down as much as 80+ points, with the easing of the dollar during the afternoon we turn positive, and then as it has been for the year the sellers took charge into the close.

The S&P finished at 1,068 down -2.39 and Dow Jones at 10,038 down 20.26 points.