Stephen Sutherland Blog

Stock Market Summary 18.01.12

2012-01-18T09:47:53+00:00

Stock Market Summary 18.01.12

Yesterday’s market action was neutral.

Even though we did see professional accumulation on the Nasdaq we did see the indexes and some sectors reversing course as they hit key resistance levels.

At the moment the Nasdaq Composite appears to have resistance between 2743 and 2753. If we take a look its big brother the 100 during the session it punched above 2400 it then promptly reversed course and closed the day at 2393.

The chip sector tried breaking through its 200 day but its attempt proved unsuccessful. However the global and natural resources sector outperformed once again.

On the whole, most leading stocks performed well for the day.

In summary, it looks like we may have hit a temporary top but it’s too early to tell. If the market can shake off yesterday’s reversal, it could very quickly get back on track. If it doesn’t and the weakness continues, it means the Nasdaq may come down to retest levels such as 2700 or its 200 day moving average.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

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Stock Market Summary 17.01.12

2012-01-17T08:44:42+00:00

Stock Market Summary 17.01.12

There will be no DMU today due to the markets being closed in observance of Martin Luther King Jr Day.

The next DMU will arrive tomorrow as normal.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.

Stock Market Summary 14.01.12

2012-01-14T10:41:31+00:00

Stock Market Summary 14.01.12

Yesterday’s market action was positive.

Although all the indexes lost ground, when we take a look at the volume we find it coming in below average, that’s what we class as a healthy pullback.

Another positive was…

... as the Nasdaq found support for the third day in a row at the 2700 level. Confirming once again this former resistance has now become support.

Leading stocks performed well with the ones pulling back doing so on tame volume. Plus when comparing institutional buying versus institutional selling, we find 78% of leading stocks experienced buying. On a market down day, when more leading equities rise than ones that fall, it is classed as a bullish divergence.

In summary from here I’d like to see the Nasdaq Composite break above 2753 and the Nasdaq 100 to get back above 2400.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.

Stock Market Summary 13.01.12

2012-01-13T09:38:55+00:00

Stock Market Summary 13.01.12

Yesterday’s market action was positive.

After heading south for the first 90 minutes it was good to see the Nasdaq leading the other indexes higher after experiencing another bullish intraday reversal.

Another positive was…

... as the Nasdaq found support for the second day in a row at the 2700 level. Hopefully confirming this former resistance has now become support.

The Nasdaq now has six days of gains in a row under its belt which must be seen as extremely bullish activity.

Most leading stocks performed well. When looking closer I’ve noticed serious buying occurring in the natural resource and global resource sectors.

In summary my wishes for the market remain the same: I’d like to see the Nasdaq Composite stay above 2700 and the S&P 600 to remain above 423. I’d also like to see the Nasdaq 100 to get back above 2400.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.

Stock Market Summary 12.01.12

2012-01-12T09:34:29+00:00

Stock Market Summary 12.01.12

Yesterday’s market action was positive.

The good news is although the indexes didn’t make much ground, they did all experience bullish intraday reversals.

Another good sign…

... sign is the Nasdaq now has five out of five gain days under its belt. In fact if we check, since the 19th December the Nasdaq is up almost 7.7%.

Although during the session the Nasdaq dipped below 2700 to 2690 it did manage to close the day at 2710.

Lately leading stocks have been acting well and yesterday was no exception with many continuing to push higher. Plus global and natural resource stocks did well outperforming the general market.

In summary my wishes for the market remain the same: I’d like to see the Nasdaq Composite stay above 2700 and the S&P 600 to remain above 423. I’d also like to see the Nasdaq 100 get back above 2400.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.

Stock Market Summary 11.01.12

2012-01-11T09:34:59+00:00

Stock Market Summary 11.01.12

Yesterday’s market action was positive.

With the Nasdaq and the SP 600 both scoring decent gains on above average volume it gives us a day of professional accumulation and proves…

... the big players once again appear to be back in buying mode.

Yesterday I said: ‘‘From here I’d like to see the global and natural resources sector to firm up and for the Nasdaq Composite to break above 2700 and the S&P 600 to clear 423.’’ The market genie must have heard my request and decided to grant all three of my wishes.

Leading stocks put in a good showing and acted in a similar bullish fashion to the indexes.

In summary from here I’d like to see the Nasdaq Composite stay above 2700 and the S&P 600 to remain above 423. I’d also like to see the Nasdaq’s big brother get back above 2400.

It’s been a great start to 2012. It appears to me that the present correction is in its final stages, which means it will most probably be over in a matter of weeks.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.

Stock Market Summary 10.01.12

2012-01-10T09:21:40+00:00

Stock Market Summary 10.01.12

Yesterday’s market action was positive.

Although the Nasdaq does not appear to of made much headway, when we look under the surface we find…

...quite a few positives.

For one, although the Nasdaq pulled back, just like in Friday’s session as soon as it approached its 200 day moving average it promptly reversed course and started heading higher. Once again confirming this former resistance has now become support.

It was also good to see the chip sector (SMH) getting a shot in the arm. This is always good to see as chips are the heart and soul of the Nasdaq.

Leading stocks acted well, with the vast majority bullishly heading higher.

In summary from here I’d like to see the global and natural resources sector firm up and for the Nasdaq Composite to break above 2700 and the S&P 600 to clear 423.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.

Stock Market Summary 07.01.12

2012-01-07T09:18:32+00:00

Stock Market Summary 07.01.12

Yesterday’s market action was positive.

The Nasdaq now has three up days out of four under its belt and tells you that the likelihood of it moving in a northerly direction from here…

... remains high.

I’m pleased that during the session, the Nasdaq pulled back slightly but as soon as it approached its 200 day moving average it promptly reversed course and started heading higher once more. Hopefully confirming this former resistance has now become support.

Although the S&P 600 did end the day in the red and volume did increase slightly, when we take a look at the volume it did come in below average indicating only mild institutional selling.

Leading stocks continue to perform well with the majority bullishly heading higher.

In summary it was good to see the week ending with the Nasdaq joining the rest of the indexes above its 200 day moving average.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.

Stock Market Summary 06.01.12

2012-01-06T09:14:55+00:00

Stock Market Summary 06.01.12

Yesterday’s market action was positive.

After heading down for the first 30 minutes, the Nasdaq staged a bullish reversal helping it to close the day with a decent gain. Volume returned…

... and came in above average indicating professional accumulation.

The last time the Nasdaq made a push to break through its 200 day moving average it was knocked back, so it was good to see it breaking through yesterday and joining its big brother the 100 back above this key level.

Apart from stocks connected to the global and natural resources sector, most leading equities performed well.

In summary with all the indexes closing the day close to their highs, it normally means more upside to come. However to prove that the market is back on track, and that this current correction will soon be over, I’d like to see the Nasdaq break above 2700 and the S&P 600 to clear 423.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.

Stock Market Summary 05.01.12

2012-01-05T10:16:07+00:00

Stock Market Summary 05.01.12

Yesterday’s market action was positive.

At the open the indexes dropped. However two hours into the session a bullish reversal sent them northwards once again.

Towards the end of December the Nasdaq appeared to be struggling to get back above and stay above its 50 day moving average. So I was pleased to see institutional investors rushing in to buy as the US tech index pulled back and approached its 50 day in yesterday’s session.

I was also pleased to see the S&P 600 finding support as it pulled back to its 200 day moving average.

Most leading equities performed well apart from stocks connected to the cloud computing sector.

Since May last year the indexes have been in a correction phase. This may seem abnormal but it isn’t. It’s perfectly natural for the market to correct after the Nasdaq gained 128% from March 2009 to May 2011. Eventually this correction will end and the market will once again start to move into new high ground - and so will your investment account. Patience as always is required.

Until the next time my friend.

If you would like to get more detail about what you’ve just heard, you can request a FREE Telephone Consultation (£1,997 value) by simply contacting us.

In your free over the phone consultation, you’ll learn about a first class investment opportunity– aimed at affluent people who have Stocks and Shares ISAs, a personal pension or a SIPP.

As well as booking your free session, you can also obtain a copy of my book Liquid Millionaire (RRP £21.97) for just 99p. I have just 99 copies to give away so be quick.

The number of telephone consultations (and free book giveaways) available is always limited.

You can email us or call 0800 170 7750 if you prefer.

In both cases you are under no obligation to do anything, buy anything or sign up for anything.