Welcome back from Golden Week! The Nikkei 225 Stock Average gained 2741.91, or 1.58% to 17,669.83 (range: 17,558 – 17,715). N225 futures in Osaka added 1.4% to 17,690 (range: 17,630 – 17,730). TOPIX 1st Section rose 28.81, or 1.69% to 1,733.03 (range: 1,719.70 – 1,735.75). Advancers outnumbered decliners 1,352 x 289 (87 unchanged). The 2nd [...]
Archive | May 7, 2007
U.S. Stocks Going Parabolic?
Could you repeat the question? How about if it’s likened to the Nikkei’s boom (and subsequent bust) in the 80′s? MarketWatch covers newsletter editor Dennis Gartman’s (of the Gartman Letter) warning of U.S. stocks seemingly going parabolic, as the Dow and now the S&P 500 climb higher and higher. He says, “We must remember that [...]
Bulls are Back in Tokyo? Nikkei 225 Off to Strong Start
The Nikkei 225 is up 260 yen, or 1.5% to 17,655 in morning trading. It has traded as high as 17,713. There’s plenty of reasons to be bullish, in general, following the four-day weekend. Look to the U.S. where there’s a new Dow record practically everyday and the S&P 500 hitting 1,500 again. Don’t forget [...]
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