Markets and most stocks have moved higher but they are now hitting resistance. The ‘kicker’ that may take this market up or down is the monthly jobs report due out first thing tomorrow morning. By Carl Anderson
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Protected: The Gold Affect – Stock Grad Call 7/22
July 23, 2010 in Analyze Market Conditions, Stock Graduate Session
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Protected: Reading Reports With Understanding – Stock Grad Call 7/1/10
July 2, 2010 in Analyze Market Conditions, Stock Graduate Session
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Word to the Wise
July 2, 2010 in Analyze Market Conditions
Golden Cross vs Dead Cross. From a technical point of view, it doesn’t look promising. Take a look at the chart below of the S&P 500 representing the market over the last 3 years. The yellow shaded boxes show where the 50 day moving average crosses the 200 day moving average (or is about to cross in the near future.) These crossovers have a name associated with them. When a shorter moving average crosses up above a longer moving average (50 day MA crosses up above the 200 day MA), […]