Author Archives: Joel Wenger

Stock markets encounter selling pressure – 2012-06-21

Less than one week after confirming the latest rally, the stock market’s were hit with a massive distribution day (June 21). Each of the three major indexes fell over two percent, landing them beneath their 50 day moving averages. Adding … Continue reading →

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Starting out with nothing…

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Stock markets enter an uptrend – 2012-06-15

The rebound in the general markets, seen since the beginning of June, has created enough positive momentum to put us back in rally mode. Before everyone goes hog wild and jumps back into the market with both feet, keep in … Continue reading →

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Newest Denomination of the Euro

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Step by Step Guide Through Greek Default

Hat Tip: Barry Ritholtz @ The Big Picture A cool interactive graphic consequences of a Greek Default – click on the picture to visit FT.com. Source: FT.com

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Stock market enters downtrend – May 4th 2012

That’s right; the US stock markets went from a yellow light to a red light on Friday (May 4th), and entered another correction as of the market close. Although trading subsided in the afternoon, the markets ended the week with … Continue reading →

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April Technical Analysis – DRN, EDC, ERX, FAS, and TMF

April Technical Analysis – DRN, EDC, ERX, FAS, and TMF.

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