At this point the russell is clearly the weakest, while the nasdaq is leading.
Saturday, December 17, 2011
Index Comparison Using 2 Moving Averages (50,200)
This is a good way of quickly indicating divergences between the 4 major U.S. Stock Indexes and judging which is strongest/weakest.
At this point the russell is clearly the weakest, while the nasdaq is leading.
At this point the russell is clearly the weakest, while the nasdaq is leading.
Market Overview
Hey Everyone,
Going to start updating the site more regularly from now on. Expect some good content for the coming year!
Below is my analysis on the 3 major U.S. Stock Indices, oil and gold. Obviously as we get closer to Christmas I do not expect huge volatility in the coming weeks, however gold is definitely in play should we do see some opportunity arise.
I am slightly bearish in the Indices right now as we are beginning to fill the gap from the 500 dow gain from 2 weeks ago. With uncertainty still raining in europe, the markets will continue to be news driven for the coming months. However relatively good data from the U.S. is keep our markets a float, yet undecided. Looking for a large directional move in the new year to try and take advantage of.
Going to start updating the site more regularly from now on. Expect some good content for the coming year!
Below is my analysis on the 3 major U.S. Stock Indices, oil and gold. Obviously as we get closer to Christmas I do not expect huge volatility in the coming weeks, however gold is definitely in play should we do see some opportunity arise.
I am slightly bearish in the Indices right now as we are beginning to fill the gap from the 500 dow gain from 2 weeks ago. With uncertainty still raining in europe, the markets will continue to be news driven for the coming months. However relatively good data from the U.S. is keep our markets a float, yet undecided. Looking for a large directional move in the new year to try and take advantage of.
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