Market broke through the 200 day moving average last week, came back for a retest this week and it failed. This is a bearish sign for the market. Earnings season coming next month. By Carl Anderson
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Has the Market Bottomed?
June 3, 2010 in Weekly Podcast
Blue lines show the bullish MACD crossovers below zero. Bullish MACD Crossovers below the zero point and the $SPX. Be cautiously optimistic right now. By Carl Anderson
Bouncing Environments
May 27, 2010 in Weekly Podcast
The recent sell off and trading in today’s market. Being patient and waiting for the trades to come to you. By Carl Anderson
FOLLOW THE TREND! :)
May 20, 2010 in Weekly Podcast
So simple but so true… If you are following the trend in this market you are making money. If you’re not, you’re losing money. Take your profits quickly. Carl reads another great success story that illustrates the importance of following the trend. By Carl Anderson