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February Review: Stocks Still In A Correction
February Month In Review: This month marks the one year anniversary from the March 2009 bottom in the stock market. Each of the major averages have enjoyed tremendous gains over the past 12 months as the global economy continues to recover from the worst simultaneous bear market and economic recession since WWII! After that tremendous run,…
Why The SPX Hit A Record High On Lousy Economic Data
GDP Shrinks By 1%; SPX Hits A New Record High Before Thursday’s open, The Commerce Department said gross domestic product (GDP) slid by a -1% annualized rate in Q1 2014, missing estimates for a decline of -0.4%. Pending home sales rose by only 0.4%, missing estimates for a 1% gain. Meanwhile, the S&P 500 (SPX) hit…
Ask Yourself – Is This Smart? — Great Einstein Quote on Human Stupidity:
“Only two things are infinite, the universe and human stupidity, and I’m not sure about the former.” Albert Einstein Since we are all human- I always ask myself before making a decision- Is this smart? If the answer is no, make sure you REALLY want to do it… Be The First To Know! Email Alerts…
After a False Breakout, the Topping Pattern in the #StockMarket Continues
Plus: Despite heading lower, the Nasdaq Composite still hasn’t entered a technical correction. Excerpt from FindLeadingStocks.com’s Intraweek Update:That didn’t take long. On Monday, May 12, the S&P 500 (INDEXSP:.INX) and the Dow Jones Industrial Average (INDEXDJX:.DJI) broke out to fresh record highs, but then both stalled on Tuesday, rolled over, and negated their “obvious” breakouts on Wednesday, May 14. Remember that…
I Want The Market To Pullback & Here's Why…
Not Making A Decision Can Be Costly, Especially In A Bull Market. Join FindLeadingStocks.com Today Let The Market Catch Its Breath: I want to see the market pullback and here’s why- It is perfectly healthy to see the market pullback after a strong rally. Over the past few weeks S&P 500 has soared to fresh…
A Bullish "TELL" for Main Street
Steel Stocks Are Used To Build “Stuff”: We are seeing something bullish occurring on Wall Street, large amounts of institutional capital is flowing into steel stocks. Steel stocks serve as a good “tell” for the U.S. and global economy. Since steel is used to build “stuff” steel stocks tend to rally when the market believes the economy…