SH @ the bell 1/31/2012: Technology is where you want to be
Of the 6 major indexes we like to follow (S&P500, Dow Jones, Russell 2000, Midcap 400, Dow Trasnports, NASDAQ) could you tell us which is the only one to be trading at 10 year highs? The NASDAQ is the correct … Continue reading
SH @ the bell 9/12/2011: Beware of “fair” valuations and “safe havens”
As the market has tried to recover from the brutal month that was August it keeps getting knocked down by Euro zone worries. And when the domestic data here at home comes in at recession like levels it is only … Continue reading
SH @ the bell 9/6/2011: So long relief rally, we hardly knew ya’
It took 3 weeks for the markets to rally 12% off their August lows and it has taken all of 2 days for them to give up half of those gains. This is a sign that what we witnessed was … Continue reading
Stockhaven @ the close 8/24/2011: Markets extend yesterdays rally
The markets added to yesterday’s gains closing up modestly. With the S&P500′s close today, it has now entered a key resistance range. Its current level coincides with the recent rally SPX staged between 8/12 – 8/17. During that rally, the … Continue reading
Stockhaven @ the bell 8/22/2011: Markets enter week in precarious position
With all the major indexes shedding at least 4% last week the markets are hovering above the low end of their recent ranges. In an updated technical analysis video of the S&P500 on 8/17 we pointed out 1,120-1,170 was the … Continue reading