In today’s edition of the Sterling Market Commentary I discuss yesterday’s market activity, what I see ahead for today’s market; and I take a look at the MS. Consumer Index ‘CMR’ providing my thoughts on where it is going, and what I think the implications are for the U.S. economy. I think you will find the chart on the ‘CMR’ interesting. I also provide support and resistance levels on the Dow Jones Industrial Average and the Dow Jones Transportation Average.
Tag Archive for MS Consumer Index
Market Commentary – August 5th, 2011
by sterlinginvestments • • 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…