Mindblown: a blog about philosophy.
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Stocks See Best January Since 1997
Stocks ended mixed on Tuesday, but this January was still the best performance for Wall Street in more than a decade. Both the Dow Jones Industrial Average and the S&P 500 recorded their best percentage jump for the month of January since 1997. The Nasdaq Composite recorded its best January since 2001. The Dow industrials lost…
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Stocks Opened Higher on Greek Hopes
U.S. stocks opened higher on Tuesday on hopes that Greece is heading toward a resolution in the European debt-reduction talks with private creditors. The Dow Jones Industrial Average lately rose 36.71 points to 12,690.43. The S&P 500 added 3.58 points to 1,316.59. The Nasdaq Composite advanced 7.16 points to 2,819.10. The hopes came after a…
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Top Buy Stocks: AAPL, BHI, DAL…(Jan 30)
NASDAQ: AAPL (Apple Inc.) NASDAQ: AAPL (Apple Inc.) has closed at $453.01, its traded Volume was 13523.8K shares, AAPL opened the Day at $445.83, it made an intraday Low of $445.39, and an intraday High of $453.9. AAPL’s close price is above its Short term MA, short term MA is above mid-term, and above long…
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52-week High Stocks: ACG, AWK, BFY…(Jan 30)
NYSE: ACG (Alliancebernstein Income Fund Inc) NYSE: ACG (Alliancebernstein Income Fund Inc) has closed at $8.31 and made 52-week high or yearly high today, its traded Volume was 484.7K shares, ACG opened the Day at $8.31, it made an intraday Low of $8.29. ACG’s earning is $0.74 per share, Next quarter estimated EPS is $0,…
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Stocks Closed Marginally Lower on Eurozone Debt Jitters
Stocks fell on Monday, but finished the day well off of intraday lows, as ongoing worries over the euro zone debt crisis kept investors from fully jumping in. The Dow Jones Industrial Average closed down 6.74 points, or 0.05%, at 12,653.72 after coming back from a 1% drop earlier in the day. The S&P 500…
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Stocks Opened Sharply Lower as Greece Weighs
U.S. stocks opened sharply lower on Monday as concerns grew about the state of Europe’s finances as Greece and Germany sparred over budget measures for Athens. The Dow Jones Industrial Average lately fell 112.54 points to 12,547.92. The S&P 500 shed 14.21 points to 1,302.12. The Nasdaq Composite declined 28.08 points to 2,788.47. Greece’s finance…
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Basic Concepts of Trend
The concept of trend is absolutely essential to the technical approach to market analysis. All of the tools used by the chartist-support and resistance levels, price patterns, moving averages, trendlines, etc. -have the sole purpose of helping to measure the trend of the market for the purpose of participating in that trend. Markets don’t generally…
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The Basic Tenets of Dow Theory
Dow Theory forms the cornerstone of the study of technical analysis, even in the face of today’s sophisticated computer technology, and the proliferation of newer and supposedly better technical indicators. Basic Tenets 1. The averages discount everything. The sum and tendency of the transactions of the Stock Exchange represent the sum of all Wall Street’s…
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Top Buy Stocks: AA, ACI, CIM…(Jan 27)
NYSE: AA (Alcoa Inc.) NYSE: AA (Alcoa Inc.) has closed at $10.43, its traded Volume was 21721.2K shares, AA opened the Day at $10.26, it made an intraday Low of $10.18, and an intraday High of $10.47. AA’s close price is above its Short term MA, short term MA is above mid-term, and below long…
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52-week High Stocks: ACG, AFB, ARR…(Jan 27)
NYSE: ACG (Alliancebernstein Income Fund Inc) NYSE: ACG (Alliancebernstein Income Fund Inc) has closed at $8.31 and made 52-week high or yearly high today, its traded Volume was 550.6K shares, ACG opened the Day at $8.25, it made an intraday Low of $8.25. ACG’s earning is $0.74 per share, Next quarter estimated EPS is $0,…
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