Wednesday, September 1, 2010

SP-500 (Weekly) Mid Day Update

Bear Fork Being Tested, Will It Hold?
  • Close Above 1076 Would Start To Be Very Bullish In The Short Term
  • Next Stop Would Be 1100, That Breaks (Very Bullish)
  • ISM Numbers Came In Very Strong
  • Will The Rally Hold? 
  • Will All Come Down To Friday

Tuesday, August 31, 2010

Consumer Confidence Up! But Are They Spending?


*Chart From Consumer Metrics
  • Consumer Confidence Came In At 53.5 vs 49.5
  • According To Consumer Metrics, THEY ARE NOT
  • None The Less This Is Something To Watch