Stock Market Summary 22.12.11
Yesterday’s market action was neutral.
The Nasdaq put in a poor showing gapping down at the open then proceeding to head south. Another negative was volume did increase, officially giving us a day of…
Stock Market Summary 21.12.11
Yesterday’s market action was positive.
On Tuesday the market took off like a rocket, with the Nasdaq gapping up and surging 3.3% and the S&P 600 a massive 4.6%.
Stock Market Summary 20.12.11
Yesterday’s market action was neutral.
Although the market price drops were concerning they were made on tame volume, indicating that…
Stock Market Outlook - the next 5-10 years
Today I thought I’d share with you stock market outlook for the next five to ten years. This chart below highlights two sideways trending patterns.
Stock Market Summary 17.12.11
Yesterday’s market action was neutral.
Friday’s behaviour was more difficult to analyze due to options expiration. On the third Friday of every month, options expire and volume levels get skewed and normally inflated. Whenever we have these days, I tend to focus on price action instead of price and volume action.
