Market Commentary

Sterling Investment Services blog providing stock market commentary. Our daily topics include a look at the prior day’s market activity, our thoughts on the upcoming trading day. Additionally we provide support and resistance points, as well as expected direction of movement for the major market indices including the Dow Jones Industrial Average, S&P 500, NASDAQ 100, and the Dow Jones Transportation Average.

Market Commentary – August 12th, 2011

by sterlinginvestments • August 12, 2011 • 0 Comments

A Few Thoughts Before the Open: Despite Thursday’s sharp rally, the vast majority of the various indices I track still remain severely oversold. I see two (2) possible solutions for this. The 1st being that the market rallies upwards, which…

by sterlinginvestments • August 11, 2011 • 0 Comments

A Few More Thoughts Before the Open: I’ve got a few more minutes in the office this morning and wanted to update the support and resistance points on a couple of the sector indices I have talked about recently. M.S.…

by sterlinginvestments • August 10, 2011 • 0 Comments

A Few Thoughts Before the Open: Despite yesterday’s late market surge, the major market indices are still in an oversold position. I think we are in a position where we will continue to see several hundred point moves in the…

by sterlinginvestments • August 9, 2011 • 0 Comments

A Few Thoughts Before the Open: It’s about 7:00am this morning and as I write put the finishing touches on this report pre-market futures are showing a bounce higher this morning, however that can change in a heartbeat now days. …

by sterlinginvestments • August 8, 2011 • 0 Comments

A Few Thoughts After the Close: The overall market sold off sharply today with a major portion of the sell off coming in the last 45 minutes of the day. For the day, the Dow Jones Industrial Average was lower…

by sterlinginvestments • August 5, 2011 • 0 Comments

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…

by sterlinginvestments • August 4, 2011 • 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…

by sterlinginvestments • August 3, 2011 • 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…

by sterlinginvestments • August 3, 2011 • 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…

by sterlinginvestments • July 21, 2011 • 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…