A Couple of Thoughts Ahead of the Open: I am looking for the Federal Debt Ceiling to dominate the news this week. I am not real optimistic that a deal will be reached this week. I think we are at…
Tag Archive for SPX
Market Commentary – July 8th, 2011
by sterlinginvestments • • 0 Comments
A Couple of Thoughts Ahead of the Open: Despite yesterday’s strong market move and the upward trend of the charts, this morning’s horrible jobs number has futures sharply lower. Obviously looking for a down day. Looking for a short position…
Market Commentary – July 6th, 2011
by sterlinginvestments • • 0 Comments
A couple of notes from my review of the charts from today’s trading activity. The Dow Jones Transportation Average hit a new yearly closing high today. It looks like it has completed a “cup pattern” with a measured move to…
Market Commentary – July 5th, 2011
by sterlinginvestments • • 0 Comments
I would like to welcome everyone back from the 4th of July holiday weekend. The overall stock market staged a rather impressive rally the last week of June. The Dow Jones Industrial Average rallied from 11,934.58 to close out Friday…