Housing Market’s On Fire; Why It’s Not Time to Buy
The Dow Is at a Record High, but Institutions Are Selling
Forget What the Bulls Are Saying: Red Flags Are Surfacing
The Ben Bernanke-driven stock market rally continues in full force and is unabated, but I really question the rate of the advance and believe stocks remain overextended at this juncture.
Read More : Microsoft at 52-week High: What’s the Fuss?
Apparently, someone forgot to tell the market that Microsoft Corporation (NASDAQ/MSFT) was a dead investment and not worth buying.
Following a lackluster launch of its “Surface” tablet and “Windows 8” operating system, Microsoft quietly moved to a new 52-week high of $32.84 last Thursday.
Click here to visit : Momentum Is Great—If You Are on the Right End
Apple Inc. (NASDAQ/AAPL) finally broke below $400.00 last Thursday, an occurrence that I recently discussed in Investment Contrarians. As I said, the short term will generate volatility for the stock, but I continue to believe there is still hope the company can turn around going forward.
The markets are roaring higher today ahead of Apple Inc. (NASDAQ:AAPL). This will be a big report for the whole technology sector. In addition, Friday morning Wall Street will get the GDP number. This will be the major economic report of the week. Since last Thursday's low, the markets have soared. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has jumped from $153.50 to a high today of $157.88. ....
Slow Global Demand and Higher Inventory Bearish for Oil
Click here to visit : Slow Global Demand and Higher Inventory Bearish for Oil
Oil drives the world.
Traders bearish on stocks often employ a short selling strategy and hope the stock subsequently declines in value, thereby profiting off of the difference between the initial shorted price and the lower price at which the short trader hopefully buys back the stock.
Technology Sector at the Bottom of the Pack: Time to Give Up on These Stocks?
Apple Has Not Lost Its Shine, Whisper Numbers Coming in Above Consensus
Defensive Equity Sectors Outperforming Year To Date
US Oil Elliott Wave Technical Analysis - 12th March, 2013
Last analysis dated 5th March, 2013, expected to see oil move higher for the week which is exactly what it has done.
Now that there is some structure to analyse for this upwards movement I can calculate targets for it to end.
I still have just the one daily and one hourly wave count for oil.
Click on the charts below to enlarge.