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- Signals remain unchanged; the ADX is bullish, price/volume is subdued, and OEW shows an uptrend. Fed Chairman Powel… twitter.com/i/web/status/1… 1 day ago
- Low volumes and a shortened trading week left market signals unchanged. The OEW blog expects another 10% gain befo… twitter.com/i/web/status/1… 1 week ago
- @phantomtrader75 that’s how I’m positioned right now 2 weeks ago
Monthly Archives: August 2011
Here is an example of how to translate financial talking heads. Hat Tip: The Big Picture Sources: Thanks Jim Abstruse Goose http://abstrusegoose.com/391
With the sell-off in equities in the month of August, the U.S. markets are now mirroring the Japanese sell-off back in 2000. From a technical analysis perspective, the chart below is creepy. It suggests that US stocks could fall a … Continue reading
It was only a matter of time, but we are starting to see actual NEGATIVE interest rates on bank account balances. On August 6th, the Bank of New York Mellon Corporation (BK) announced a new annual fee will be charged on … Continue reading
Below is more commentary from another investing firm (Comstock Partners, Inc.) on the recent market turmoil. The market erroneously assumed that the recovery would follow the pattern of typical post-war expansions and rallied strongly from the early 2009 bottom to … Continue reading
Remember…the markets aren’t falling…they’re just undergoing a gravitational altitude correction. http://media.mtvnservices.com/mgid:cms:video:thedailyshow.com:164179 The Daily Show – Crisis in the ChartlandGet More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook http://www.thedailyshow.com/watch/mon-march-17-2008/crisis-in-the-chartland
“Hold on to your butts.” – Samuel L. Jackson – Jurassic Park Sunday evening and market futures are down ~2%.