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.

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Sterling Market Commentary for Monday February 11th, 2013

February 11, 2013 sterlinginvestments 0

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.

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Sterling Market Commentary for Tuesday February 5th, 2013

February 5, 2013 sterlinginvestments 0

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.

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Sterling Market Commentary for Wednesday January 30th, 2013

January 30, 2013 sterlinginvestments 0

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.

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Sterling Market Commentary for Tuesday January 22nd, 2013

January 22, 2013 sterlinginvestments 0

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.

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Sterling Market Commentary for Friday January 18th, 2013

January 18, 2013 sterlinginvestments 0

In today’s edition of the Sterling Market Commentary we take a look at Thursday’s market as well as our thoughts on Friday’s upcoming market. In addition we take a look at what we perceive to be the current support and resistance trendlines on the Dow Jones Industrial Average. The chart in today’s Sterling Market Commentary is worth taking a look at.

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Sterling Market Commentary for Tuesday January 15th, 2013

January 15, 2013 sterlinginvestments 0

Sterling Investment Services look at Monday’s market activity, and our thoughts on Tuesday’s market. In addition we take a look at the Dow Jones Transportation Average and our thoughts on it completing a cup pattern with our new upside target for the Dow Jones Transportation Average if the cup pattern is completed.