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Q3 Commentary: Best September Since 1939!
September 2010 Market Commentary The major market indexes scored a sound follow-through day (FTD) on September 1, 2010 and spent the rest of the month racing higher. This corresponded with a steep sell off in the US dollar and a robust rally in many well-known commodities. The benchmark S&P 500 index and the Dow Jones Industrial…
Stocks Moving In Heavy Volume – Thursday 11.17.11
Heavy Volume Movers – Thursday 11.17.11
German Investor Sentiment Falls
German investor sentiment fell sharply in August, according to the ZEW index Tuesday. Frieder Mokinski from ZEW, Carsten Brzeski from ING Bank and Dan Greenhaus from Miller Tabak & Co. consider the outlook.
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.
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FindLeadingStocks.comThe Future of The Digital Media Business
“It Is Not the Strongest of the Species that Survives But the Most Adaptable.” ― Charles Darwin Digital Media 1.0 Is Dead: Earlier today, Todd Harrison, of MinyanVille Fame, penned a great piece titled “Why I’m Exiting The Digital Media Business.” Once again he is way ahead of his time and has his finger right on the…
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.
