Word: marketed
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Dates: during 1960-1960
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...decide how the stock market is be having, most investors carefully follow the price of their own stocks and the day-to-day movement of the Dow-Jones industrial average. But Wall Street's market analysts watch closely for a far more telling sign: the whole pattern of the market's trading behavior. Since the Dow-Jones average covers only 30 stocks, more can be learned by watching the overall price and volume movements of the more than 1,500 stocks on the New York Stock Exchange. If technical factors in the entire market form a pattern that...
Last week the market's technical position looked stronger to the analysts than it has in more than a year. The market continued a three-week rise, closed for the week with a gain of 6.86 points (at 636.13) on the Dow-Jones industrial average, after retreating slightly at week's end. It also got a psychological boost when many large banks followed the lead of Manhattan's Manufacturers Trust Co. in reducing from 5% to 4½% the interest it charges its best corporate borrowers...
...straight trading sessions, more stocks advanced than declined, thus indicating bullish sentiment. For more than three weeks, stocks that set new highs for the year continued to substantially outnumber stocks that set new lows. Equally encouraging was the fact that the volume of trading expanded when the market advanced, contracted when the market declined. Volume has been healthy, topped 3,000,000 shares on several days...
Ready for a Push. In the judgment of market analysts, all these favorable technical factors set the stage for a market advance, but the market still needs a push from improved economic conditions to pick up momentum. With the big institutional investors (mutual funds, insurance companies) now returning to the market and the market's basic psychology improving, many Wall Streeters believe that the market is ready to respond to favorable news, take off on a sustained advance to new highs. Says Gerald S. Colby, partner of Boston's du Pont, Homsey & Co.: "The market is seeing better...
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