Hello my Investors, Traders and Reader Friends. The market closed yesterday with mixed results. The DJ-30 and the Nasdaq Comp. rose 0.03% and 0.02% respectively. In contrast, the SP-500 fell 0.09%. It is noteworthy that for most of the day, these three indices showed relatively large drops. However, in the last 30 minutes, bull guys appeared almost completely erased the losses. The volumes continued at low levels, except for the Nasdaq Comp. whose volume of shares was the daily average level. In spite of this reaction at the end of the day, most of the technical indicators showed a deterioration compared to the previous day. Let's see if today we have some definition. Despite this behavior, some stocks showed good performance. One was Steven Madden Ltd. (SHOO). The stock closed at U.S. $ 43.31 up 7.90% in relation to a day before. Its volume was 1.60 Millions of shares, equivalent to four times the daily average. SHOO reached a new high, breaking a base of more than seven months.
No comments:
Post a Comment