S&P after hitting 2079 (one of the targets mentioned earlier) on Friday, December 5th failed to breakout for the target range of 2093-2099. It rather dropped to 1961 level and then starting December 17th it displayed meteoric rise towards 2061…
Monthly Archives: December 2014
For as long as civilization has existed, humans have enjoyed playing games of chance. As early as the ancient Egyptians, there is evidence of the local workers who built the pyramids or traded at the markets taking time out of…
This article is about Deckers Outdoor (DECK). Fashion and retailing has long been one of the toughest areas of business in which to make money. The successful retailing business requires a product that is perceived as “fashionable” by the desired…
In 2014, we are exposed to literally dozens of devices every day that were not so long ago thought to be only science fiction or imagination. From our touchscreen smartphones, internet enabled televisions, or cars that can drive themselves, there…
S&P after hitting 2079 (one of the targets mentioned earlier) on Friday, December 5th failed to breakout for the target range of 2093-2099. Rather it took a detour and on Friday, December 12th S&P closed at 2002.33. The weekly support…
S&P crossed 2079 (hit 2079.47) on Friday, October 5th but then it failed to close above 2079 and pulled back to 2075.37 which is its closing high. S&P will try again to conquer 2079. After 2079 there is another major…
Businesses as we know them today were born sometime during the end of the Middle Ages in Europe. As Kings and Lords made way for industrialists and capitalists as employers of workers, a new type of structure emerged. Rather than…
As mentioned in my yesterday’s post S&P bounced off 2050 level. It closed at 2066.55 on December 2nd. The resistance level is 2079 and then it will head towards 2084-2090.
Markets have pulled back on December 1st. Following are support levels for the four markets: 1. S&P = 2050-2045 2. Dow Jones = 17,673-17655 3. NASDAQ 100 = 4285-4258 4. Russell 2000 = 1162-1140 To read previously posted article on…
This article is about Vimicro (VIMC). Generally speaking there are two kinds of businesses. The first are the innovative revolutionaries who bring a brand new concept or idea into life. These companies fundamentally change the way things are done and…