Similar Posts
Resistance Should Become Support
Market Outlook- Confirmed Rally:
The major U.S. averages are back in a new confirmed rally and broke above resistance of their 6-week base. The benchmark S&P 500 index scored a proper FTD on Tuesday, October 18, 2011, i.e. Day 12, when it rallied over 2% on heavier volume than the prior session. The next important area of resistance is its longer term 200 DMA line. In addition, it is important to note that the bulls scored a victory since many of the major averages closed above their downward sloping 50 DMA lines for the first time since late July! Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. If you are looking for specific help navigating this market, please contact us for more information.
Stop Losing Money In The Market
Visit:
FindLeadingStocks.comDebt: How The World Economy Works
In a small town in Europe..It is raining, and the little town looks totally deserted. It is tough times, Everybody is in debt, and everybody lives on credit Suddenly, a rich tourist comes to town. He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms…
Adam Sarhan Reuters Gold Quote
“Once the 50-day average is broken on a weekly basis, it a first sign of weakness and that the trend may be changing,” said Adam Sarhan at Sarhan Capital.
FLS Special Report: Strongest Stocks In 2016 – Broken Down By Market Cap
This special report was sent to FindLeadingStocks Members… – Click Here To Become A Member Post- Analysis 2016’s Strongest Stocks Of The Year: For your review, Here are the strongest stocks of 2016 broken down by market cap. As you can see, once again, earnings had very little if any impact on the strongest stocks…
Commodities Outshine Stocks in 2010
December 2010 Stock Market Commentary: The major averages surged in December and enjoyed double digit gains in 2010. Furthermore, the 18-week rally which was confirmed on the September 1, 2010 follow-through day (FTD) remains intact which is a healthy sign for 2011. Background: Before we address the current market outlook, it is important to step…
CIT Names John Thain CEO
Former Merrill Lynch CEO John Thain has been given the top job at CIT. Andrew Ross Sorkin, of the NY Times, and the CNBC news team discuss.
