RockingStocks.com - Complete Stock Updates on Hot Stock Picks

Complete Stock Updates - RockingStocks.com

The NASDAQ

Thursday, December 4: Tomorrow will be a pivotal day for the stock market. If the market has a good day tomorrow we could see a good week next week and possibly see the NASDAQ challenge its 50-day moving average as it continues to move down towards the sideways pattern of the NASDAQ the last four days.

Tuesday, November 25: The NASDAQ reached a higher high its current trend today, but fell short of closing in the green. The exchange closed down 7.29 to 1,464.73. The NASDAQ is facing some minor resistance at its current price level. We believe the NASDAQ will challenge its 50-day moving average within the next 1 - 2 weeks. The 50-day moving average is currently at 1,750.73 and converging down.

Wednesday, November 19: We believe we will see the NASDAQ correct by the end of the week. We believe it should hit a low tomorrow and mark at least a short-term bottom for the exchange. There are too many bargains out there for the smart money to stay away from this level for long.

Wednesday, September 3: The NASDAQ closed at 2,333.52 today, right above its 50-day moving average support level today. The NASDAQ has been in a slow downtrend, but could now have a few up days towards its 200-day moving average at 2,409.62.

Thursday, August 28: The NASDAQ closed at the top of its range between its 50-day and 200-day moving average. If the NASDAQ can break through 2,414.05, we could see it fill out its chart above 2,450.

Friday, August 22: The NASDAQ confirmed the reversal from yesterday. The exchange closed up 34.33 to 2,414.71, just below its 200-day moving average at 2,419.72.

Monday, August 18: The NASDAQ dropped 35.54 today, but is still within its six day range. We will watch for a rebound in the NASDAQ tomorrow.

Thursday, August 14, 2:00pm: The Nasdaq is recovering nicely today with oil prices dropping and some nice gains in the technology sector.

Wednesday, August 13, 2:00pm: Nasdaq recovering a bit after a day of tumultuous trading on rising oil prices and lack of faith in the retail sector.

Tuesday, August 12, 1:54pm: Nasdaq hanging mostly steady thus far today. There's some uncertainty about the financial sector balanced out by dropping oil prices.

Thursday, August 7, 12pm: Major indices looking pretty boring so far today. Nasdaq is hanging around UNCH. Oil prices are rising.

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Hot Tracks

Thursday, August 28: Watch MAXY as its 50-day moving average moves up from underneath it.

Thursday, August 7, 12:11pm: NMKT up about 9% so far today.

Thursday, August 7: NMKT could continue it's strong upward trend today with more positive news.

Updates on Hot Stock Picks

Wednesday, August 13: Watch FSYS for a possible correction in the future. It's now in an oversold condition.

Thursday, August 7: MPET and DPDW both finished yesterday in positive territory. Could be a strong day today for all three if oil prices continue to fall creating a buyer's market.

August 2008

July 2008

June 2008

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