Stocks Slide On Possible Spain Downgrade

Stocks Slide On Possible Spain Downgrade

Byinfo@50park.com

Market Action- Market In Confirmed Rally Week 16
It is encouraging to see the bulls show up and defend the 50 DMA lines for the major averages. The market remains in a confirmed rally until those levels are breached. The tech-heavy Nasdaq composite and small-cap Russell 2000 indexes continue to lead evidenced by their shallow correction and strong recovery. Put simply, stocks are strong. Trade accordingly. If you are looking for specific high ranked ideas, please contact us for more information.

Stocks Digest Fed Meeting, Retail Sales, & PPI Data

Stocks Digest Fed Meeting, Retail Sales, & PPI Data

Byinfo@50park.com

It is encouraging to see the bulls show up and defend the 50 DMA lines for the major averages. The market remains in a confirmed rally until those levels are breached. The tech-heavy Nasdaq composite and small-cap Russell 2000 indexes continue to lead evidenced by their shallow correction and strong recovery. Put simply, stocks are strong. Trade accordingly. If you are looking for specific high ranked ideas, please contact us for more information.

Stocks Rally As USD Falls

Stocks Rally As USD Falls

Byinfo@50park.com

Market Action- Market In Confirmed Rally Week 16
It is encouraging to see the bulls show up and defend the 50 DMA lines for the major averages. The market remains in a confirmed rally until those levels are breached. The tech-heavy Nasdaq composite and small-cap Russell 2000 indexes continue to lead evidenced by their shallow correction and strong recovery. Put simply, stocks are strong. Trade accordingly. If you are looking for specific high ranked ideas, please contact us for more information.

15-Week Rally Continues!

15-Week Rally Continues!

Byinfo@50park.com

Market Action- Market In Confirmed Rally Week 15
It is encouraging to see the bulls show up and defend the 50 DMA lines for the major averages. The market remains in a confirmed rally until those levels are breached. The tech-heavy Nasdaq composite and small-cap Russell 2000 indexes continue to lead evidenced by their shallow correction and strong recovery. Put simply, stocks are strong. Trade accordingly. If you are looking for specific high ranked ideas, please contact us for more information.

S&P 500 Perched Below Resistance

S&P 500 Perched Below Resistance

Byinfo@50park.com

Market Action- Market In Confirmed Rally Week 15
It is encouraging to see the bulls show up and defend the 50 DMA lines for the major averages. The market remains in a confirmed rally until those levels are breached. The tech-heavy Nasdaq composite and small-cap Russell 2000 indexes continue to lead evidenced by their shallow correction and strong recovery. Put simply, stocks are strong. Trade accordingly.

Quiet Day On Wall Street; Commodities Rally:

Quiet Day On Wall Street; Commodities Rally:

Byinfo@50park.com

Monday was a quiet day on Wall Street as gold and silver soared. In the future, to avoid any confusion, we are no longer going to use outside resources to label the market. A popular outside source changed their label on Friday to Market in a confirmed rally, without a proper FTD emerging. This is bizarre and frankly plain irresponsible. From our standpoint, the rally that began on September 1, 2010 is still intact and we said that in our commentary on November 16, 2010 when the outside source said the rally ended. Full Story here. If anyone has any questions about this, please feel free to fill out our contact form.

Stocks Jump As Dollar Falls

Stocks Jump As Dollar Falls

Byinfo@50park.com

It is encouraging to see the bulls show up this week and defend the 50 DMA lines for the major averages. Wednesday marked Day 1 of a new rally attempt for the Dow Jones Industrial Average and the benchmark S&P 500 which means the earliest a possible FTD could emerge for those indices is Monday. Meanwhile, the tech-heavy Nasdaq composite and small-cap Russell 2000 indexes marked Day 10 of their respective rally attempts which means the window remains open for either of those two indices to score a proper FTD. Trade accordingly.