Correction: Our Market Commentary was published prematurely on Thursday. Please disregard it. Sorry For the confusion. Friday, January 11, 2012 Stock Market Commentary: Stocks are back in a confirmed uptrend and continue to rally after the fiscal cliff was averted and congress decided to put the best interest of the country ahead of their petty bickering. Stocks…
Friday, January 04, 2012 Stock Market Commentary: Stocks are back in a confirmed uptrend after congress finally managed to put the best interest of the country ahead of their petty bickering. Stocks soared and closed above all near term levels of resistance that have been outlined here several times in this report (50 DMA line,…
Friday, December 28, 2012 Stock Market Commentary: Stocks closed below their respective 50 DMA lines last week which is not a healthy sign. The uptrend that began on Friday, November 16, 2012- after politicians hinted that a deal would get done for the fiscal cliff is under pressure and appears to be weakening every day….
Friday, December 21, 2012 Stock Market Commentary: Stocks confirmed their latest uptrend when they closed above resistance (1435) on Tuesday, December 18, 2012. This marked day 22 of their current rally attempt (that began on Friday, November 16, 2012- after politicians hinted that a deal would get done for the fiscal cliff). It was very healthy…