Is There a Hole In The Thesis?
Daily State of the Markets Monday Morning - January 30, 2012 Good Morning. Investors dressed in fur these days have likely been both surprised and dismayed by the S&P 500's recent 6-week joyride to the upside. For those keeping score at home, the venerable stock market index has now finished hi...
Read More »
Tags: stocks | commentary | market-news | investment | markets | education
Sharp Drop in Portuguese Lending
EUR/USD The Euro found support on dips to just below the 1.31 level against the dollar during Friday and pushed higher again during the US session. There were further suggestions that a Greek private-sector debt deal was in prospect, but there were no announcements of an agreement during Friday o...
Read More »
Tags: forex | aud | sterling | swiss-franc | yen | usd | euro | usd
SPX 500 - Monday 01-30-12
The SPX 500 sits about 8 points lower than Fridays close the S&P 500 as of 7:50am. Today we have the EU Economic Summit. The markets have started to decline as the Greek debt crisis has yet to be resolved. As hedge funds book profits, the EUR/USD is off its high of 1.32. If there is no major c...
Read More »
Tags: sarkozy | merkel | eu-summit | risk-aversion | zombie-debt
$ EURUSD– critical area?
Currently we are @ 1.3116. just below the heart line and on the .786 Fibo. A bounce is possible here back to the 1.3185 resistance. More likely we will see the break here back to the R4 @1.3087 and a break here would signal a move to the .500 Fibo form the day chart and the Up trend wall. We ...
Read More »
Tags: eurusd | currencies | audusd | forex-commentary | gbpusd | usdjpy | currencies
Stock Market Trends: Is Wall Street Ready to...
Are stocks Weebles or a LifeCall grandma? Because they ended last week wobbling. Based on the index charts, they better not fall down, or they might not get up for a while. Last week, the S&P 500 and Dow went sideways while the NASDAQ added 1%. Two weeks ago, Top Equity News cautioned that stocks...
Read More »
Tags: stocks | ten-spotlight | djia | nasdaq | rich-b-meier | s-amp-p-500 | stock-market-trends | technical-analysis | ten-exclusive
