A Few Thoughts Before the Open: With yesterday’s brutal move lower in the markets I am going to sit this morning out from a trading perspective; not because I am afraid of the market moving lower, but because I am…
Author Archive for sterlinginvestments
Market Commentary – August 4th, 2011
by sterlinginvestments • • 0 Comments
A Few Thoughts After the Close: The overall market sold off extremely sharply today. The Dow Jones Industrial Average was lower by 512 points closing at 11,383.58 and in the process went negative on the year. The Dow is now…
Market Commentary – August 3rd, 2011
by sterlinginvestments • • 0 Comments
A Few Thoughts Before the Open: In looking at the charts from yesterday’s trading activity of the individual stocks I have the following thoughts: Everything has a negative chart pattern. This doesn’t mandate an end to the world, but don’t…
Market Commentary – August 2nd, 2011
by sterlinginvestments • • 0 Comments
A Few Thoughts After the Close: The overall market moved sharply lower yesterday in a broad based selloff that saw every index I track move lower on the day. The weakest the Airlines, Retailers, High Tech, Cyclicals, Transports, and Banking…
Market Commentary – July 21st, 2011
by sterlinginvestments • • 0 Comments
The overall market finished Wednesday slightly lower. Oil was higher by $0.54 to $98.40 per barrel, and Gold was lower by $4.20 to $1,596.90 per ounce. A Few Thoughts Before the Open: In looking at the charts of the heavy…
Market Commentary – July 20th, 2011
by sterlinginvestments • • 0 Comments
The overall market finished yesterday sharply higher in the strongest move of the year. Essentially ever index I track, with the exception of the gold indices, moved higher on the day. Oil was higher by $1.61 to $96.25 per barrel,…
Market Commentary – July 19th, 2011
by sterlinginvestments • • 0 Comments
The Dow Jones Industrial Average closed lower yesterday at 12,385.16 Oil was lower by $1.35 to $96.25 per barrel, and Gold was higher by $12.30 to $1,602.40 per ounce. A Thought Before the Open: In looking at the charts from…
Market Commentary – July 18th, 2011
by sterlinginvestments • • 0 Comments
A Few Thoughts Before the Open: The Dow Jones Industrial Average closed Friday at 12,479.73 Despite Friday’s move higher, the chart continues to show weakness. I think it is possible we could see it test its 40 day moving average, …
Market Commentary – July 15th, 2011
by sterlinginvestments • • 1 Comment
A Couple of Thoughts Ahead of the Open: Today is options expiration day. Our charting service has been down for the last 2 days and just came up. So a quick look at the various sector indices before the open.…
Market Commentary – July 13th, 2011
by sterlinginvestments • • 0 Comments
A Couple of Quick Thoughts Before the Open: 1. I know the futures are moderately higher as of right now, but my gut is telling me that the odd of any rally we see on the open lasting the entire…