Stock Market, Economics, Equity Analysis
Jul10
I came in the day asking which of the 2 gaps we would fill first on the S&P 500 chart. Wouldn't it be ironic in this wholly bipolar market to fill both the same day? It is still a long…
Jul10
Another warning, this time from industrial multinational Cummins Engine (CMI) – the company has a lot of Asian exposure, especially of the Chinese and Indian kind. Looks like they are cutting 2012 revenues to "flat" versus 10% growth. It is…
Jul10
Things seemed more promising late last week as individual breakouts were still holding even as the market sold off on the jobs report. However the past two sessions we are seeing a lot of those breakouts once more fail. This…
Jul10
LinkedIn (LNKD) has been suffering substantially the past two days after it was reported that Facebook (FB) was planning to launch a "jobs board" this summer. Strangely a company like Monster Worldwide (MWW) which would seem far more threatened fell…
Jul10
Interesting spot here on the S&P 500 as we have both a gap overhead (created by the Friday labor report) and a gap underneath (created by the EU summit). This morning we are gapping up (yet again) into the Friday…