Thursday's Watchlist 1.14.10
Here are a few stocks that look strong as of Thursday’s (1.14.10) open.
Here are a few stocks that look strong as of Thursday’s (1.14.10) open.
January 2010 Monthly Review: The 10-month robust rally we witnessed in the US equity market came to an abrupt end on January 22, 2010, sending the major averages back into a serious correction. Not surprisingly, the US dollar rallied smartly last month and closed back above its 200-day moving average (DMA) line for the first time…
Energy Prices Are Plunging Quite a few people are talking about falling energy prices but most fail to mention that crude oil and gasoline are in a bear market. For the past few months, global energy prices (mainly, crude oil and gasoline) have imploded, and have each entered their own secular bear markets. The most common…
The Stock Market Has More Room To Run A quick note on valuations…Even with the current meltup, the SPX’s P/E ratio is around 19, which is lower than its March 2000 top (~29) and its Oct 2007 top (~22). So from a pure valuation standpoint (not to mention all the easy money injected into the system from global…
Want More? JOIN OUR FREE NEWSLETTER Here are my thoughts from yesterday’s Fed meeting: Overall- I’m still bullish and think the reaction was a little exaggerated. The big takeaway is that “good” economic data might not be “good” for the Wall Street because that would imply a rate hike might occur sooner than initially expected. Of…
The following is an excerpt from a FindLeadingStocks.com intra week update. FLS Update: 10.07.14 Defense Is King Market Forming A Large Topping Pattern & Germany Is In A Bear Market The market is in the process of forming a large topping pattern that began earlier this summer and not surprisingly overlaps with the end of QE 3…
The Lovely: Fed Meets Next Week and a lot of open questions: Taper? Not Yet? How Much? Good: Market and leading stocks acting well China said its exports rose by 7.2% in August, topping estimates for a 6% gain. Read here US consumer credit growth rose at a 4.4% annual rate in July expanding by $10.4…