Markets indeed had put on the bottom on Friday November 16th and has continuously moved upward. S&P not only broke 1375 but it crossed 1405-1407 areas and closed at 1409 last Friday. It looks like it can reach 1430 area…
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Monthly Archives: November 2012
Historically the days before Thanksgiving and after market rallies. Last Friday Dow Jones hit the low of 12,471 and closed at 12,588. NASDAQ 100 hit the low of 2494 and closed at 2534. S&P hit the low of 1343 and…
Historically stock markets start rising after election. This time the rally did not come. May be now they are waiting for Santa to arrive little early. Anyone who trades stock know that 1370 is the support for S&P. S&P hit…
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Last week was three trading days week. On Thursday market rallied. S&P went close to 1440 resistance mentioned last Sunday. S&P hit a high of 1434.27 on Friday and closed at 1414.20 S&P has found some support at 1400-1402 level…
I have identified the following twenty two stocks as short setup for this week. One should not trade these blindly to the short side rather look for confirmation based on his/her chart. 1. AMZN 2. AXP 3. BGS 4. COST…