Sterling Weekly for the Week of March 4th, 2013
In this week’s edition of the Sterling Weekly we take a look at what has been weighing on the mood of the US economy as the stock market pushes towards it historic all time highs.
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Sterling Market Commentary for Tuesday February 26th, 2013
In today’s edition of the Sterling Market Commentary we take a look at the performance of the market since our last blog post and where we think the overall market is going from here.
Sterling Market Commentary for Monday February 11th, 2013
In today’s edition of the Sterling Market Commentary we take a look at Friday’s market activity and provide our thoughts on Monday’s upcoming market. Additionally we take another look at the NASDAQ 100 Index ‘NDX’ which completed a cup pattern on Friday with a measured move to higher levels.
Sterling Market Commentary for Tuesday February 5th, 2013
A Look at Monday’s Market: The overall market moved sharply higher on Monday in a broad based move that erased the majority of Friday’s gains. I would like to point out that the Dow Jones Industrial Average has essentially reached an area of upside resistance that I wrote about in the January 22nd and January 18th editions of the Sterling Market Commentary. For a variety of reasons, I am not surprised to see a pause, a little profit taking, just a down day, or however you would like to describe Monday’s market.
In the commodities markets, Oil was sharply lower by $1.60 to $96.17 per barrel, and Gold was higher by $5.80 to $1,676.40 per ounce. In the grain markets, Wheat was lower by $0.020 to $7.630 per bushel, and Corn was lower by $0.016 to $7.342 per bushel, while Soybeans were higher by $0.144 to $14.886 per bushel.
Sterling Market Commentary for Friday February 1st, 2013
In today’s edition of the Sterling Market Commentary we take a look at Thursday’s market, as well as our thoughts on the recent economic data from this week including Gross Domestic Product and the unemployment rate.
Sterling Market Commentary for Wednesday January 30th, 2013
In today’s edition of the Sterling Market Commentary we take a look at Tuesday’s market results. Additionally we take a look at the NASDAQ 100 Index ‘NDX’ and the cup pattern we think is being formed. Please check out our chart on the NASDAQ 100 Index and see what we think will be the new upside target once the cup pattern has been completed.
Sterling Weekly for the Week of January 28th, 2013
This week’s edition of the Sterling Weekly includes our 2012 index performance review where take a look at the top performing indices of 2012 as well as those that did not perform as well.
Sterling Market Commentary for Monday January 28th, 2013
In today’s edition of the Sterling Market Commentary we take a look at Friday’s market, and provide our thoughts on the S&P 500 which completed a cup pattern with a measured move to higher levels. Check out today’s edition to find out what our new upside target is on the S&P 500.
Sterling Market Commentary for Thursday January 24th, 2013
In today’s edition of the Sterling Market Commentary we take a look at Wednesday’s market, and take a closer look at the price of oil which we see moving higher and test $98.74 per barrel in the short term and provide our longer term forecast.
Sterling Market Commentary for Tuesday January 22nd, 2013
In today’s edition of the Sterling Market Commentary we take a look at Friday’s market activity, and take a look at the longer term trendlines influencing the Dow Jones Industrial Average. Our chart posted attempts to take a look at where we might see short term resistance affecting the current move higher by the Dow Jones Industrial Average.