Two more economic reports are driving traders into more uncertainty this morning. The so-called Philly Fed was dismal and the ‘not so leading’ Leading Indicators were barely above the red line. See SPDR…
Jon C. Ogg Now that the FOMC meeting is over and with many commodities softening, investors and traders need to pay close attention to the critical chart buy/sell pivots. We are tracking the pivot points on…
Jon C. Ogg Investors and traders are caught between news out of Europe and the highly awaited decision from Ben Bernanke on the FOMC meeting today regarding Operation Twist. The markets are mixed and trying…
Jon C. Ogg The markets were having a hard time identifying an early direction and now the move looks more entrenched on gains. Traders and investors need to be watching the technical pivots against yesterday’s…
Jon C. Ogg OK, so the Greeks are trying to stay in the Euro for at least one more election cycle. The markets have sold off as reality sets in that it may be more expansive…
The markets are so far in positive territory ahead of the Greek elections, and yesterday’s major market gyration makes the S&P chart only that much more important. We are tracking the daily…
Jon C. Ogg This is a rumor, panic, and euphoria market right now. There is chatter that the European banking entities are prepared to offer a coordinated move of assistance if the Greek elections cause a…
We have seen some strength after the open despite mixed economic data. Today we are tracking the daily buy/sell pivot points on the SPDR S&P 500 (AMEX: SPY) which trades exactly like…
Jon C. Ogg The market is choppy this Wednesday and investors and traders are trying to find their footing. Today we are tracking the SPDR S&P 500 (AMEX: SPY) which trades exactly like the S&P…
Jon C. Ogg On this Tuesday we are tracking the SPDR S&P 500 (AMEX: SPY) which trades exactly like the S&P 500 and is the most liquid equity ETF with more than 160 million shares traded…
Jon C. Ogg Today we are tracking SPDR S&P 500 (AMEX: SPY) which trades exactly like the S&P 500 and is the most liquid equity ETF as it trades over 161 million shares a day.…
Jon C. Ogg Credit Suisse Group (NYSE: CS) is sort of taking the “Sell in May and go away!” approach. At least that is how it sounds, even if the overall call is still for…
Jon C. Ogg Apple Inc. (NASDAQ: AAPL) has one more bit of evidence that it is acting as if it was its own stock index. Its exceptional share performance is worth a substantial portion of…
Everyone loves Warren Buffett’s sage advice. Almost everyone at any rate. But what about Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) as an investment. We have argued that perhaps the Berkshire Hathaway…
If you can believe it, the Dow Jones Industrial Average (NYSE: DIA) and the S&P 500 Index (NYSE: SPY) have not yet had a single closing bell loss of 1% on a…