After it was Chic, the bulls are singing… Good times, these are the good times Our new state of mind, these are the good times Happy days are here again The time is right for making gains Let’s get together, how ‘bout quarter after 9 Come tomorrow, we will do it again. ETF Stocks weekly sector scorecard is humming the
The indexes spun like a pinwheel yesterday; up and down, round and round the breakeven line. The non-event of a day left stocks pretty much where they ended last week and still at the tip of last week’s rocket ship ride. Looking back previous liftoffs and the S&P’s, NASDAQ’s and Dow’s positions on their respective charts, the odds favor stocks
Stock market predictions are enough to give the average investor the bed spins. If you haven’t started, the headline confusion is enough to cause people to start drinking. For example, Scott Bleier, founder of Create Capital, says the bull market was all bull “based on stimulus and two rounds of quantitative easing.” According to Bleier, the market matador has won
After hitting a correction low in March, the buying dips mentality held and stocks rallied to new 2011 highs. The upswing was contained within an ascending channel; however, yesterday the bottom levy gave way and selling has poured over, collecting at the 50 day-average for the NASDAQ and S&P 500. You can expect the financial noise on TV, internet headlines,
The indexes have battled back following a brief dip under lower trading channel support levels. This is good news for investors and bulls alike. It means, the current trend – upwards – is still intact. If the past is any indication of what to expect in the future, the range from the bottom to the top of the NASDAQ’s band
