Sterling Investment Services look at Thursday’s market and our thoughts on Friday’s market. Additionally we take a look at the Dow Jones Utilities Average (chart included) and its recent breaking of the long term support line dating back to March of 2009 that was recently broken, as well as our thoughts on what this means for the overall market.
Tag Archive for NASDAQ 100
Sterling Market Commentary for Thrusday November 15th, 2012
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Sterling Investment Services analysis of Wednesday’s market activity, and our expectations for the upcoming trading day as well as our overall thoughts on the stock market. We have updated our technical support and resistance levels for the Dow Jones Industrial Average, Dow Jones Transportation Average, and the NASDAQ 100 Index ‘NDX’. In addition we have added the S&P 500 ‘SPX’ to our list of daily indices covered, We are also taking a look at the KBW Bank Index ‘BKX’ today. The chart on the ‘BKX is worth taking a look at.
Sterling Market Commentary for Wednesday November 14th, 2012
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Sterling Investment Services thoughts on Tuesday’s trading activity, Wednesday’s market, and the ability of Congress to get it resolved before the end of the year. Additionally we have provided our support and resistance levels for the major market indices we are currently following.
Sterling Market Commentary for Friday November 9th, 2012
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Sterling Investment Services takes a look at the recent market sell off and the new expected trading range of the Dow Jones Industrial Average. Our newly posted chart of the Dow Jones Industrial Average show this expected new trading range.
Sterling Market Commentary for Thursday November 8th, 2012
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Sterling Investment Services look at Wednesday’s market sell off and our thoughts about Thursday’s market. In this morning’s market commentary we have updated our support and resistance levels on the Dow Jones Industrial Average, the Dow Jones Transportation Average, and the NASDAQ 100 Index ‘NDX’. We have also included a chart on the Dow Jones Industrial Average for your review.
Sterling Market Commentary for Wednesday November 7th, 2012
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Sterling Investment Services post election stock market commentary including thoughts on the utility sector and the direction of the market over the course of the next couple of weeks. We have also included support and resistance levels for the Dow Jones Industrial Average, Dow Jones Transportation Average, and the NASDAQ 100 Index.
Sterling Market Commentary for Tuesday November 6th, 2012
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Sterling investment Services pre-election market commentary. I would like to take this opportunity to encourage everyone to vote today. I believe that democracy works best when as many people as possible participate in the process. I believe that participation is more than just voting; I believe that participation in the process involves being informed on the issues and knowing the position of the candidates on those issues, as well as their record of actions on those issues. Please try to form your own opinions and draw your own conclusions; and ask yourself, do you think the candidate you are considering voting for is actually capable of doing what they say they are going to do.
Sterling Market Commentary for Monday November 5th, 2012
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Our look at the stock market activity for Friday November 2nd, and thoughts on the market for Monday November 5th, 2012; as well as our look at the M.S. Commodities Index ‘CRX’ which broke through technical support level with its close on Friday and now appears to be heading lower.
Sterling Market Commentary for Friday November 2nd, 2012
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Sterling Investment Services thoughts on the market for Friday November 2nd, 2012 and the prospects for the market returning to normalcy following the storm damage from Hurricane Sandy.
Sterling Market Commentary for Thursday November 1st, 2012
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The opening of yesterday’s market was very crucial and important due to the significance of the month end reporting. It is not as easy as one might think to adjust the statement date at the end of the month for accounting purposes. Having the market function, and allowing month end positions to be squared up, and statements be produced is of a far greater importance than most people realize; and the nation owes a collective thanks to all the people who make the exchange function. All things considered, I am again expecting another relatively lackluster market. The damage to the financial district in New York City is very severe, and it is going to take a while for things to return to normal. C0mbine this with the election next week, we are probably looking at a sideways market between now and the week of so following the election.