Tweet Tuesday, November 30, 2010 Stock Market Commentary: The euro sliced below its 200 DMA line and its psychologically important level of 1.30 this week as concern spread that their debt woes will spread. The rally which began on the September 1, 2010 follow-through day ended on Tuesday. November 16, 2010 as...
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Monthly Archives: November 2010
EU Debt Woes Send Stocks Lower
The Dow Jones Industrial Average and the NYSE composite both sliced below their respective 50 DMA lines on Monday which is not a healthy sign. The 12-week rally ended on Tuesday, November 16, 2010 after the major averages plunged in heavy volume back down towards their respective 50 DMA lines....
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Stocks End Holiday Week Mixed
It was encouraging to see the bulls show up and defend the Dow Jones Industrial Average’s 50 DMA line. The 12-week rally ended on Tuesday, November 16, 2010 after the major averages plunged in heavy volume back down towards their respective 50 DMA lines. In recent weeks, we have repeatedly...
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Investors Gobble Up Shares Ahead of Thanksgiving
Investors Gobble Up Shares Ahead of Thanksgiving...
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Korea, China, & EU Debt Woes Send Dow Below 50 DMA Line
Tweet Tuesday, November 23, 2010 Stock Market Commentary: Stocks and a handful of commodities fell as the USD rallied after a slew of geopolitical threats sent investors rushing to so called “safe” investments (i.e. USD and Gold). The rally which began on the September 1, 2010 follow-through day ended on...
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Stocks Mixed As Dollar Rallies
The 12-week rally ended on Tuesday, November 16, 2010 after the major averages plunged in heavy volume back down towards their respective 50 DMA lines. In recent weeks, we have repeatedly written about how the major averages were experiencing wide-and-loose action after a big move and made it very clear...
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Week 2: Stocks & Commodities Fall
The 12-week rally ended on Tuesday, November 16, 2010 after the major averages plunged in heavy volume back down towards their respective 50 DMA lines. In recent weeks, we have repeatedly written about how the major averages were experiencing wide-and-loose action after a big move and made it very clear...
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Stocks & Commodities Rally As Dollar Falls
The 12-week rally ended on Tuesday, November 16, 2010 after the major averages plunged in heavy volume back down towards their respective 50 DMA lines. In recent weeks, we have repeatedly written about how the major averages were experiencing wide-and-loose action after a big move and made it very clear...
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Stocks Consolidate Recent Decline
Market Action- 12 Week Rally Ends - In A Correction:
The 12-week rally ended on Tuesday, November 16, 2010 after the major averages plunged in heavy volume back down towards their respective 50 DMA lines. In recent weeks, we have repeatedly written about how the major averages were experiencing wide-and-loose action...
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Stocks & Commodities Smacked As EU Debt Woes Continue
Heretofore, the action since this rally was confirmed on the September 1, 2010 follow-through day (FTD) has been strong but the market action has been wide-and-loose which is not a healthy sign and has caused the major averages to all pullback to their respective 50 DMA lines. This is the...
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