Tuesday, February 24, 2009

Tech, Financials Led Reversal But Was it Enough?

The Banks and the leaders in tech were on fire today (Tuesday Feb 25), but of the big four, Apple sported the weakest advance. Does that have any real significance in the big picture, probably not. It is worth noting however, that AAPL did recapture that critical 90 level, but failed to recapture its 20/50 day moving averages. The markets made a good comeback as well, but the S&P couldn’t recapture the 775 level. Will it get there tomorrow? There’s some hope in that the market internals we Read the rest ...

NM House panel approves state budget proposal

New Mexico lawmakers plan to use more than $300 million in federal money to help balance next year's state budget and pay for public education and health care programs. Continue reading ...

Dread is rising in Harvard's hole

Allston residents still cling to the watercolor images Harvard has dangled before them over the years. Bike paths leading to the Charles River. A canopy of trees shading wide sidewalks lined with cafes, boutiques, and theaters. Neighbors congregating by public art installations, gardens, and spraying fountains. Read more ...