Market News: On Tuesday, April 15, 2008, the New York Federal Reserve reported regional manufacturing expanded in April. Johnson & Johnson said its first-quarter profit rose 40%. Crude oil prices rose to a record $114 per barrel. Mixed good news and bad news caused the stock market to bounce off the recent downtrend.
The following analysis is not a trade recommendation. You are responsible for your own trading decisions.
DOW Trend: DOW going sideways
NASDAQ Trend: NASDAQ going sideways
S&P500 Trend: S&P500 going sideways
Wednesday, April 16, 2008
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