Southridge Capital was pleased to see the market recover a bit on Friday after the steep decline on Thursday. For the week ending May 21st, 2010, NASDAQ, lost 5%, and the Dow lost 4%.
The European crisis is said to be a major reason for the market volatility and tremendous selling pressure [...]
Notwithstanding some of the headlines last week, Southridge Capital focused on the disparities of the number of companies who hit their 52 week high that same day. The Dow fell over 125 points on April 16, 2010, however 218 companies hit their 52 week high, with only 9 companies hitting their 52 week low on [...]
The Dow at 11,000? Can it be? The Dow almost hit 11,000 with a 70 points increase on Friday April 9, to close at 10,997. At this writing, the Dow crossed the magic 11,000 threshold. So we wanted to look into the Dow Jones Industrial Average (DJIA).
Since 2008, the Dow Jones Industrial Average has [...]