Tag Archives: SPY

Green Shoots get a Reality Check

Posted on May 13, 2009 by BMWFan

After almost two months of bullish action, the equity markets finally got a reality check with the announcement of lower than expected retail sale data, and sharp rise in the number of home-owners facing foreclosure. The market gapped down at … Continue reading →

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Rounded Bottom: Nice Set Up for the March to the 200 Day Moving Average

Posted on May 12, 2009 by BMWFan

The equity markets continued where they left yesterday, continuing the sell-off which started after Meredith Whitney’s bearish interview Unlike yesterday the selling was across the board with no divergence between exchanges or between the market breadth and advance/decline statistics. The … Continue reading →

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Weekly Roundup: The World’s Best Campaign Organizer Shows His Skills

Posted on May 8, 2009 by BMWFan

Last weekend I had written that the stress test results would not intimidate the market, and it is likely to be a buy the news event. The markets did not disappoint. vpxl made easy They bought every leak about the … Continue reading →

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ADP Report Triggers a Bear Hunt

Posted on May 6, 2009 by BMWFan

Last night I had written that the ES futures were down significantly after the news that Bank Of America needed $35B in new capital as a result of the stress tests. Perhaps this would be the signal for the long … Continue reading →

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Weekly Preview: How Stressed Will the Markets Be?

Posted on May 3, 2009 by BMWFan

Friday was a see-saw day in the US equity markets. cialis comparison diflucan famciclovir viagra After a gap-up open, most indices under- cut their lows from Thursday’s in the morning session, before bouncing up. They spent most of the day … Continue reading →

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Wednesday Review: GDP Pleases but the Fed Disappoints

Posted on April 29, 2009 by BMWFan

As predicted, tod ay w cialis comparison diflucan famciclovir viagra as a day filled with market moving news, and the market did not disappoint. The day started off with a shocking headline: Economy in U.S. Shrank at 6.1% Rate in … Continue reading →

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MasterCard: An example of a Bear Trap

Posted on April 21, 2009 by BMWFan

Mastercard broke a bearish upward sloping wedge yesterday. cialis comparison diflucan famciclovir viagra After losing the trend line around 158-159, it sold off all the way down to 149 at open today. high quality cytotec However after the first few … Continue reading →

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