S&P 500: Dangerous Black Swan Chart Formation
This very “interesting” chart came across our desk this afternoon:
Special Thanks to Mr. P & S K
This very “interesting” chart came across our desk this afternoon:
Special Thanks to Mr. P & S K
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…
LIKE THIS? SIGN UP FOR OUR FREE NEWSLETTER Attention is the brain’s currency. We all have a limited amount of it (scarce resource) and we are all free to use it anyway we like. Most people don’t think about how they “use” their attention and end up spending it, instead of investing it. Invest, Don’t Spend…
The Following Is An Excerpt From FindLeadingStocks.com Special Report The S&P 500 has gone virtually nowhere this year as it pauses to digest last year’s healthy rally. At first blush, this might not be a healthy headline (to see the market flat or slightly positive for the year), but it is very healthy because that is…
Final farewell to Bear’s brand, future of wall street, Alan Greenberg,
Conclusion: Technicals Lead, Fundamentals Lag. The following two case studies illustrate a very important point: The market and individual stocks (i.e. technicals) move months BEFORE the fundamentals move (up or down). The reasons “why” are lengthy and outside the scope of this article. Instead of discussing the “why” we shall focus on the “what.” The reason is…
The jobs report is extremely important, especially now, because in October 2009, the unemployment rate surged to a 26-year high of 10.2%! Over the past few months, the number of job losses have steadily declined as the unemployment rate edged higher. If this trend continues we can easily turn positive (i.e. start creating jobs) in the near future which will bode well for the economic recovery. That said, Wall Street watches this report very closely because a stronger jobs picture translates into a healthier economy. A healthier economy translates into stronger sales and earnings which, in turn, translates into higher stock prices. Sometimes, ladies and gentlemen, it is that simple.