Stock Market, Economics, Equity Analysis
Monthly Archives: July 2012
Jul24
I've been charting the action since early June mostly via a chart connecting a series of higher highs and higher lows. Using that approach the market broke out above the top of the higher highs middle of last week –…
Jul24
We are again seeing the S&P 500 come into the 1340 area. If you look back throughout 2012 you can see how 1340 provided support in February and early March multiple times, then was resistance in May and early June….
Jul24
You may not have noticed but yesterday was the 8th straight Monday down for U.S. markets. This is a relatively rare occurrence with the last coming in 2002 – and these 2 episodes the only ones since 1985. While…
Jul23
As mentioned Friday, this market has been akin to the saga between Lucy and Charlie Brown in regards to kicking that darn football. Just as things improve technically, the ball is pulled away and Charlie lands flat on his…
Jul20
It is amazing how some things can change course. Back in 2006-2007 (and even in pockets of late 2009 through 2010) the market was grasping at anything Chinese. We had the Chinese Facebook, the Chinese Youtube, the Chinese this, the…
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