Wall Street Banner Day
March 29th, 2006 by jhampton
If today was the barometer, we’d be looking at a healthy stock market. The Dow finished up 61 points today and the NASDAQ ended the day at 33 above yesterday.
The tech-heavy NASDAQ actually hit a 5 year high due to the overall excitement in internet companies.
However, don’t break out the champagne just yet… Tuesday saw a HUGE sell off as a response to the Fed’s assessment of the general economic indicators. So, quite possibly, this was really just a correction of those sales.
Relevant Tags: market news, nasdaq trading, stock market, stock strategiesPosted on Wednesday, March 29th, 2006 at 8:38 pm In Stock Market Investing




