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"Trend Change"
The unthinkable has indeed come to pass… This week, the U.S. credit rating was downgraded – something nobody thought would EVER happen. And Europe? In absolute turmoil. Greece is going to default. Italy and Spain are up next as the ECB held emergency meetings through the weekend in a last-ditch attempt to craft a bailout [...]
Continue Reading →Our S&P 500 calendars called the market short on June 13. We use this barometer index to find the overal trend. Some of the indexes move faster or slower but the broad range of all markets covered in the S&P 500, gives us the turn in trend direction for stocks. For those of you that [...]
Continue Reading →It is very important for you to know where the trend of the market is when you are making trades in a particular category. This slide from last week, shows that the S&P may be following suit by turning to a darker green. This is the second week for dark green. The next color [...]
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