Did Siegel Low-Ball It?
The stock market is on a tear with several sectors rising. Asian stocks were up big today with Malaysian stocks after election results lifted sentiment with volume was up 2000 percent from the 30 day moving average. Globally, there may be a shifting tide towards growth and risk. The S&P 500 needs to move a few [...]
Posts tagged s&p 500
Technical Analysis Note May 2013: Are...
Did Siegel Low-Ball It?
The stock market is on a tear with several sectors rising. Asian stocks were up big today with Malaysian stocks after election results lifted sentiment with volume was up 2000 percent from the 30 day moving average. Globally, there may be a shifting tide towards growth and risk. The S&P 500 needs to move a few [...]
S&P 500 Hits 1,600, Dow Crosses ...
Will The Bulls Remain In Control?
The stock market soared after the latest employment numbers were released today. Most economists and traders, including ToryCapital.com missed the unemployment number for April. The jobs number was far more than what we were expecting at 63,000 and the number came in over our highest estimate of 88,000 wit [...]
Dow Falls 120 Points In 1 Minute Afte...
Associated Press Tweet Causes Flash Crash, Rattles Markets:
The Dow Jones Industrial Average fell precipitously after a tweet from the Associated Press claimed the White House had been attacked and that President Obama was hurt. The tweet occurred at 1:07 pm and at 1:16 pm, AP confirmed the account had been hacked at a White House Press brie [...]
Technical Analysis Chart – S�...
S&P 500 Rangebound.
The S&P 500 bounced off of levels that were considered near term support after a tumultuous headline filled week due to the Boston Marathon bombers and worries about public safety. Equities rebounded after the bomb suspects had been accounted for and follow through today was a positive sign for stock market bulls [...]
Stocks Rebound After Oversold Boston ...
Will Follow Through Occur?
U.S. equities rebounded after losing ground yesterday. One day after the Boston Marathon Bombing, stocks rebounded led by the financials after Goldman Sachs reported good numbers along with positive housing data. Housing starts increased by 0.7 percent to 1.04 million annually the Commerce Department said today. T [...]
Technical Analysis Note: S&P 500...
S&P 500 trend is rangebound:
The S&P 500 gained ground as the rally continued today. Shorts are getting hurt as the parabolic stock market move we expected comes to fruition (see March 28, 2013). The current outlook for the next few days remains neutral-defensive with a bearish bias. The S&P 500 has been increasing steadily and [...]
Stocks Rebound But Does The April 201...
Follow Through From Last Week Occurs – Finally:
Stocks rebounded yesterday after rising late in the session last week. The follow through upward movement was welcome for bullish traders since the market has been rangebound recently. The rise in stocks came on no economic news but the market appeared to be oversold short term. Traders m [...]
Technical Analysis Note: S&P 500...
S&P 500 trend is rangebound/upward:
The S&P 500 pulled back to levels that were considered support on Friday after a dismal jobs number was announced showing a gain of only 88,000 new employed people for the month of March 2013. The stock market was extremely resilient considering the bad data as well as the negative outlook from eco [...]
U.S. Equities Fail To Follow Through ...
Market may be overextended and pausing for next leg of the rally.
The stock market gave back some of last week gains as poor economic data decreased bullish trading sentiment. Stocks lost luster after a gap up in the early part of the session and continued to lose ground throughout the day. What appeared to be a strong negative day due to [...]
S&P 500 Finally Hits All Time Hi...
S&P 500 Closes At 1,569:
The moment traders were anxiously waiting for finally occurred on Thursday, the last trading day of the first quarter 2013. The S&P 500 hit 1,566 early in the day and soon the word spread that the stock market was making gains again although bonds didn’t take too much of a hit. We predicted the S&P [...]
