Sterling Investment Services looks at the recent market moves since the October 5th high and the possibility of some election based year end tax planning as explaining the recent moves. We have also included our weekly economic calendar.
Tag Archive for retracement
Sterling Market Commentary for Friday November 23rd, 2012
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Sterling Investment Services look at the trading activity from Wednesday’s pre-Thanksgiving market and our thoughts about today’s market. We also take a look at the rally over the last couple of trading sessions, and provide our thoughts on whether it is a legitimate market rally, a retracement of the recent downward movement, or just a bump in the road on the move lower. Our chart is worth checking out.
Market Commentary – August 16th, 2011
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A Few Thoughts Before the Open: As I write this, pre-market futures are sharply lower in the U.S. due to news form Europe that economic growth is slowing on that side of the Atlantic. Not sure where the futures will…