Market Tops: – Is the Market Topping Out ?
Both the S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQQ) are trading near the upper trendline of a rising 8 month price channel and appear to be overbought.
SPY has stalled near the upper trendline during the last two weeks while QQQQ reached the upper trendline last week. It is very likely that we will [...]
DOW Closes below 10,000: Monday, February 8, 2010
Stocks took a turn for the worse today, showing very little of the bullish resilience that characterized Friday’s afternoon rebound. In keeping with the recent trend, it was another dose of uncertainty that helped send stocks reeling. Traders are still considering the possible ramifications of near-crippling sovereign [...]
DOW Drops to 2010 Lowest Close
The stock market was hit hard by economic worries today. Dismal data overshadowed a strong earnings report from tech bellwether Cisco Systems (CSCO). Negativity began to sweep the Street prior to the opening bell, as Spain hiked its budget deficit forecasts through 2012, becoming the latest member of the euro zone to admit [...]
Westport Commences Trading on Nasdaq
VANCOUVER, BC – Westport Innovations Inc. (TSX:WPT / Nasdaq: WPRT), a global leader in alternative fuel, low-emissions transportation technologies, announced today that it has commenced trading on the Nasdaq Global Market under the symbol “WPRT”. Westport’s common stock is dual listed on both the Toronto Stock Exchange (under the symbol “WPT”) and the Nasdaq.
“Our U.S. [...]
