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The major averages advanced on Wednesday as the greenback slid to a 14-year low against the yen after the latest round of economic data was released. As expected, volume, a critical component of institutional demand, was lower than Tuesday’s levels ahead of the the Thanksgiving day holiday. The stock market will be closed on Thursday and is slated to close early on Friday (1pm EST) in oberservence of the holiday. Advancers led decliners by over a 2-to-1 ratio on the NYSE but trailed by a narrow margin on the Nasdaq exchange. There were 22high-ranked companies from the CANSLIM.net Leaders List making a new 52-week high and appearing on the CANSLIM.net BreakOuts Page, higher from the 12 issues that appeared on the prior session. In terms of new leadership, it was encouraging to see new 52-week highs outnumber new 52-week lows on the NYSE and Nasdaq exchange.
There has been quite a bit of demand for Adam to present a live seminar in recent months. To accommodate the “market” Adam will be hosting an exclusive event at the Plaza hotel to teach a select group of *people How To Speculate on Wall Street. This event will sell out. Reserve Your Seat Now. How To Conquer Markets Learn…
9 Countries And Their Tumultuous Experiences With Deleveraging AUG. 27, 2013, 12:47 PM As China engages with its credit problem, Morgan Stanley’s Jonathan Garner asks in a new note, “Can China achieve a ‘beautiful’ deleveraging?””This phrase was first coined – by Ray Dalio of Bridgewater Associates – to describe a process whereby a country brings…
S&P 500 laggards since the March 2009 bottom