Closing Print 1.28.2013
Neither rain, nor sleet, not hail can keep the S&P from going up. The S&P futures have closed higher 14 out of the first 18 trading days of the new year or has closed higher 12 out of the last [...]
Neither rain, nor sleet, not hail can keep the S&P from going up. The S&P futures have closed higher 14 out of the first 18 trading days of the new year or has closed higher 12 out of the last [...]
Today, technical analyst Louise Yamada expressed that we are currently in the 33rd year of the current bond cycle and on the edge of an era of rising rates in which we have not seen since 1946. Yamanda claims that [...]
Thursday’s close of 77.78 was the highest close since the June lows, but still not above the October equalized high of 78.82. Closing Friday (and the week) above 78.82 should be technically positive, and can allow for short-term momentum [...]
A firm tone led by short squeeze in European indices. Credit finally outperforming equities in Europe and U.S. Seeing decent size short covering to start after the weakish close yesterday. [BAC] CDS 2-3 better post earnings, [C] missed estimates, not [...]
Can you say bump and Grind? We can because thats exactly what we are seeing here in the S&Ps. SPH high 1468.90 late in the daySPH low 1462.20 earlySPH last 1466.10, up .90 handles Total volume : 1.2mil ESH and [...]
Ladies and Gents: I always preach, this trading game we play is just as much psychological as it is physical. Bernanke is not the problem. … Obama is not the problem. … They don’t click the mouse. I click the mouse. Me [...]
Mutual Fund Monday used to be one of our favored buy days, but over the last year and a half it has turned into one of the slowest, lowest-volume, down days of the week. While some people may not believe [...]
Disappointing Eurozone factory output gave some of the euro bulls pause Monday, but it did not last long. Industrial production fell 0.3% in November from October’s number. However, another gloomy statistic is that factory output was also lower by 4 [...]
Watch Video Mutual Fund Monday is a thing of the past….The total range in the Spoos is only 6.2 handles! High: 1466.80Low: 1460.60Last: 1465.50 (down 1.7 handles)MOC: 14 of Dow 30 for sale / MOC Buy 600 MilTotal Vol: 1.1 [...]
