Monday, July 03, 2006
Daily Market Commentary
Updated Friday, 6/30 for Monday's market
Holding Gains...
Read More...
Updated Friday, 6/30 for Monday's market
| Key DOW Levels for 7/3 | |
| UP | Above 11,250 |
| DN | Below 11,025 |
Holding Gains...
- Dow pulls back slightly, holds majority of yesterday's gains.
- The S&P and NASDAQ each held gains after yesterday's blowout session. Look for continued sideways movement to occur in the near-term, as the indexes gear up for more strength.
Summary
The Dow closed quietly lower and is currently holding at the highs of the latest advance of the last several days. The index look s very strong right now, but needs to get a solid break above 11,300 is continued bullish momentum is to be seen.
- The S&P and NASDAQ each held gains after yesterday's blowout session. Look for continued sideways movement to occur in the near-term, as the indexes gear up for more strength.
Summary
The Dow closed quietly lower and is currently holding at the highs of the latest advance of the last several days. The index look s very strong right now, but needs to get a solid break above 11,300 is continued bullish momentum is to be seen.
