More Draghi Euro/ECB Rumors To The Rescue
Equities are continuing their rise this Friday on renewed hope for Europe. These are of course rumors, but the rumors are based upon “central banking officials who wish to remain anonymous.” The DJIA…
Equities are continuing their rise this Friday on renewed hope for Europe. These are of course rumors, but the rumors are based upon “central banking officials who wish to remain anonymous.” The DJIA…
You have been warned about bubbles forming in bonds and in dividend stocks. So when you get a report out on Gross Domestic Product that is above most expectations it should be…
Stocks gapped higher as Mario Draghi said he would do anything and everything in his power to keep the euro intact. We are tracking the daily buy/sell points on the SPDR S&P 500 (NYSEMKT:…
By now you know that we have started to become cautious on some of the top dividend stocks. It is not that we think anything is wrong at the companies, and it…
Stocks were higher this morning but those gains quickly were taken back by the bears. We are tracking the daily buy/sell points on the SPDR S&P 500 (NYSEMKT: SPY) as the most liquid equity…
Jon OggIf you are a chartist and if you love moving averages on those charts, you better pay attention to the stock charts today. In our Erlanger daily chart analysis the thesis right…
Stocks are feeling some pressure again on Tuesday based on weak earnings, weak economic data and those continued concerns about what is happening in Europe. We are tracking the daily buy/sell points on…
Stocks are finding some marginal buying today after Housing Starts and Treasury Secretary Geithner spoke. We are tracking the daily buy/sell points on the SPDR S&P 500 (NYSEMKT: SPY) as the most liquid equity…
Stocks are looking for direction as Fed Chairman Bernanke is testifying on Capitol Hill. This is also on the back of fresh weakness in the markets. We are tracking the daily buy/sell points…
Stocks are taking it on the chin again and the charts have been telling you that there has been a bias to the sell-side. Bank of America Corporation (NYSE: BAC) even lowered…
Bank of America Merrill Lynch is cutting its expectations on the S&P 500 Index, and therefore ultimately on the SDPR S&P 500 (NYSEMKT: SPY)i n its Macro/Investment Strategies call. Today’s downgrade was on…
Stocks are trying to find their footing after yesterday’s disappointing drop. The good news is that the charts we featured told you not to chase that gap-up on Tuesday. We are tracking…
Jon OggThe stock market is trying to digest earnings reports from Alcoa Inc. (NYSE: AA) and trying to factor in the coming report from J.P. Morgan Chase & Co. (NYSE: JPM). When…
Most investors are back from a long holiday and having to digest waves of bad news from companies and from government economic reports. And now we even have Alcoa, Inc. (NYSE: AA)…
Friday’s gains are currently history and investors better be paying close attention to the daily buy/sell pivots if they are staying in the market over the coming Fourth of July week. We are tracking…