Despite big gains on the averages, upside volume accounted for 81% of the move, which is not exactly convincing that this move has lasting power. clipped from www.market-harmonics.com
If today’s move is the start of the next wave up, leaders like GMCR who are in late stage bases will continue to outperform. If the leaders hit resistance and get turned back it will be one sign that the buyers aren’t there to push the markets higher. Currently GMCR settled right at it’s breakout [...]
[Editor's Note: Shah Gilani, a retired hedge fund manager and noted expert on the global credit crisis, predicted this developing FHA debacle in a July 2008 Money Morning essay.] By Shah Gilani Contributing Writer Money Morning Is the government creating another subprime-mortgage bubble? The first time around, the three-headed federal serpent – the Bush administration, [...]
These scenes do not sit well with me at all. Martial law is looking like it’s here already.
…But is Unlikely to Cause a Significant Rift By Jason Simpkins Managing Editor Money Morning China is Investing Billions in Renewable Energy One firm has already built China’s largest wind turbine manufacturing factory. And it’s working with the Chinese Science Academy to develop new wind, solar, and geothermal technologies… for which it will own 70% [...]
This first chart is might look weird at first because it’s the Put/Call Ratio, without the actual chart the of the indicator. I’ve removed it and left the 10day moving average to smooth out the chart and get a better idea of what is really going on. When the market topped out in late August [...]
Today demonstrates why it’s a good reason to always focus on the leaders and don’t let your”what you think should happen ego” get in the way of your trading. This sector is not one that I would have expected to perform as well has it has this month, but here it is leading the way. [...]
Today was a dull day but this sector had a nice balance of strength with room to run higher before overbought conditions set in. Leaders in this sector are: BAX OMI ACL CYBX. The Platinum & Precious metal sector took quite a hit today, down almost 8%. This sector has been hands down the strongest sector [...]
Fascinating documentary on crop circles. I haven’t heard much on this topic in years, and it’s really quite amazing how intricate the designs have gotten. Really makes you wonder about a few questions….namely who, how, or what is doing these.
clipped from www.financialsense.com During secular bull market in technology during the 1990s the sector spent more time outperforming the S&P 500 than it did underperforming, with its 12-month relative performance to the S&P 500 shifted up in the image below. In contrast, the secular bear market in technology since the 2000 market top has lead [...]