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Monthly Archives: June 2010
A funny—
Had this sent to me today!! Funny Thought you all would enjoy these: The boss of a Madison Avenue advertising agency called a spontaneous staff meeting in the middle of a particularly stressful week . When everyone gathered, the … Continue reading
Morning market note
As seen in the chart below the S&P 500 rallied up into its 200 day moving average (purple line) and failed to work above it. This is now the third time in the last several weeks the index has rallied … Continue reading
Monday morning S&P levels
On Friday the S&P 500 scored another 90/90 negative session where decliners and down volume represented 90% of the total session internals. 90/90 days are symptomatic of aggressive distribution. Because of this aggressive distribution we believe the S&P will now … Continue reading
Morning Market Highlights
This is the second time in the last five trading session where up volume and advancers swamped down volume and decliners. Normally this would have us chomping at the bullish bit, however with the associated volume being low we suspect … Continue reading