Sector Analysis Ben Bernanke’s testimony knocked stocks off the green rail up today. In short, the Federal Reserve Chairman said the economy is OK, but at risk to “substantial downside”. The jobs picture is stabilizing, but “remains far from normal”. Despite higher gas and food prices, inflation is “subdued”, and that housing “affordability has increased dramatically”. That’s the best spin

Stocks showed a bottom today. After making contact with their 12-day moving-averages in the morning, buy programs kicked in and pulled the indexes out of the mud. However, the Dow, NASDAQ, and S&P also showed they are limited by a top. As soon as three hit the upper-boundaries of their current trading ranges, the power was cutoff, and stocks stumbled

Stocks are benefiting from a dynamic duo of technical support and favorable EURO headlines. The indexes started off a deep shade of red, only to rebound to light green for the day. The three main indexes, Dow, S&P 500, and NASDAQ all dropped slightly below their 12 day-averages (12,917, 1356, and 2937 respectively) following the opening bell. The dozen day

On the surface, many of the headlines echo a similar theme; the NASDAQ, Dow, and S&P 500 are trading at multiple year highs. On the surface, talk of new highs has a calming effect on investors – pro and amateur alike. However, savvy traders must not allow the infection of euphoria to lull them to sleep. Now is the time

ETF Stocks Grades, EPS Power, Sector Score and Weekly Accumulation/Distribution by dollar amount for more than, 4,000 Stocks