Stock Market, Economics, Equity Analysis
Monthly Archives: July 2012
Jul25
Gold has been sidelined for many months as it has been in an intermediate term downtrend. Since the Hilsenrath article it has shown some strength. As you can see below it has made a series of lower highs throughout most…
Jul25
After a morning rally, markets have given back all their gains in a poor showing for the bulls. Yesterday's late afternoon lows pre-Hilsenrath story were S&P 1329s and we are currently seeing prints in the 1331s. A break of yesterday's…
Jul25
Yesterday around 2 PM I posted this chart noting how the S&P 500 had fallen out (to the downside) of an ascending channel. Par for the course, a late day news story by the Wall Street Journal by Fed…
Jul24
You can read the details of the earnings report in many places, but the key thing is this is going to weigh on markets as the stock is down some 6%. I cannot remember the last miss by Apple…
Jul24
Nothing more to say if you have been around for a few years. We have seen this now 40-50 times since 2008. The WSJ is writing that the Fed is "closer" to acting and the market took off from very…
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