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Awful Month on Wall Street; Stocks Close Below 200 DMA Line!
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
Personal Income & Spending
What the latest personal income and spending data mean for the economy and markets, with CNBC’s Rick Santelli.
ECB Could Launch Euro Zone Bond 2.5.10
The European Central Bank may be forced to introduce a euro zone bond in the wake of budget deficit problems from Greece and other countries, Julian Pendock from Senhouse Capital told CNBC Friday. Joshua Raymond from City Index joined the discussion.
"Bernie Madoff, Free at Last"
Fresh perspective on the Bernie Madoff scandal, with Steve Fishman, New York Magazine contributing editor.
Warren Buffett & Former Treasury Secretary Henry Paulson Part I- 2.9.10
Warren Buffett and former Treasury Secretary Henry Paulson have an economic ‘power lunch’ chit-chat, live at the Chamber of Commerce annual meeting in Omaha.
President Obama's Town Hall 2.19.10
President Barack Obama discusses health insurance reform and his economic agenda at a town hall meeting in Henderson, Nevada.
