Week In Review: S&P 500 Forming Bullish Double Bottom Pattern; Leaders Are Strong

STOCK MARKET COMMENTARY: FRIDAY, September 06, 2013   Stocks have been under pressure (pulling back) since early August as a slew of external “fears” continue to plague Wall Street. Here are some of the “fears:” Attack on Syria (will it esclate?), Fed Taper, Lackluster earnings growth, Debt limit, & higher energy prices, to name a…

Week In Review: Stocks Positively ReverseFor The Week & Close Above 50 DMA line

STOCK MARKET COMMENTARY: FRIDAY, AUGUST 23, 2013 Stocks positively reversed (opened lower and closed higher for the week) as interest rates negatively reversed (opened higher and closed lower) as fear eased regarding when the Fed will taper. Normally, “reversals” after a decent move signal a short-term change in trend may be on the horizon. As…