Market Action- Rally Under Pressure; Week 27 Begins
It was encouraging to see the bulls show up and defend the major averages’ respective 50 DMA lines in November, January, and late February. From our point of view, the market remains in rally-mode until those levels are breached. The tech-heavy Nasdaq composite...
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Monthly Archives: February 2011
50 DMA Line Is Support
Market Action- Rally Under Pressure; Week 26 Ends
It was encouraging to see the bulls show up and defend the major averages’ respective 50 DMA lines recently which is a healthy sign. From our point of view, the market remains in rally-mode until those levels are breached. The tech-heavy Nasdaq composite...
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Stocks End Mixed
Market Action- Rally Under Pressure; Week 26
It was encouraging to see the bulls show up and defend the major averages’ respective 50 DMA lines recently which is a healthy sign. From our point of view, the market remains in rally-mode until those levels are breached. The tech-heavy Nasdaq composite and...
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Nicolas Darvas: Lessons From A Trading Legend
Lesson 4: Be Flexible
Some of our closest friends and readers are“pure” fundamentalists. We can talk for endless hours (perhaps weeks) with little avail to convince them otherwise. We also have friends/readers that invest strictly on the underlying technicals and the same is true for them. Here, at Sarhan Capital, we...
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Stocks Continue To Slide
Market Action- Rally Under Pressure; Week 26
It was encouraging to see the bulls show up and defend the major averages’ respective 50 DMA lines in November as this market proves resilient and simply refuses to go down. From our point of view, the market remains in rally-mode until those levels...
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Stocks Slide on On Libya Woes
Market Action- Confirmed Rally; Week 26 Ends
It was encouraging to see the bulls show up and defend the major averages’ respective 50 DMA lines in November as this market proves resilient and simply refuses to go down. From our point of view, the market remains in a confirmed rally until...
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Another Strong Week On Wall Street
Market Action- Confirmed Rally; Week 25 Ends
It was encouraging to see the bulls show up and defend the major averages’ respective 50 DMA lines in November as this market proves resilient and simply refuses to go down. From our point of view, the market remains in a confirmed rally until...
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Quiet Day On Wall Street
Market Action- Confirmed Rally; Week 25
It was encouraging to see the bulls show up and defend the major averages’ respective 50 DMA lines in November as this market proves resilient and simply refuses to go down. From our point of view, the market remains in a confirmed rally until...
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S&P 500 Up 100% From March 2009 Low!
Market Action- Confirmed Rally; Week 25 Begins
It was encouraging to see the bulls show up and defend the major averages’ respective 50 DMA lines in November as this market proves resilient and simply refuses to go down. From our point of view, the market remains in a confirmed rally until...
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Reuters Quote: COMMODITIES-Down after early gains; Mideast, inflation on radar
"If you're an investor and looking to position yourself in this environment, you'll go long commodities," said Adam Sarhan at Sarhan Capital in New York. "We are starting to see higher inflation that's going to reflect itself in higher oil prices and higher commodity prices everywhere."...
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