– 16/05 (via ForexPromos) Gold entered a so-called bear market, dropping for a fourth day, after Greek leaders failed to form a government, increasing speculation that the country may quit the euro. The Dollar Index (DXY) was driven to a record advance. The Dow Jones Industrial Average (INDU) fell to an almost four-month low…
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US stocks ready for rebound – CNN
by Newswires • • 0 Comments
WBAL BaltimoreUS stocks ready for reboundCNNBy CNNMoney staff @CNNMoneyInvest May 15, 2012: 7:45 AM ET NEW YORK (CNNMoney) — US stocks were poised for a positive start Tuesday, following better-than-expected economic growth in Germany. The Dow Jones i…
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European growth assures markets – CNN
by Newswires • • 0 Comments
Globe and MailEuropean growth assures marketsCNNBy CNNMoney staff @CNNMoneyInvest May 15, 2012: 6:19 AM ET NEW YORK (CNNMoney) — US stocks were poised for a positive start to the trading day on better than expected economic growth in Europe. The Dow J…
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Europe woes grip investors again – CNNMoney
by Newswires • • 0 Comments
Europe woes grip investors againCNNMoneyBy CNNMoney staff @CNNMoneyInvest May 14, 2012: 6:38 AM ET NEW YORK (CNNMoney) — US stocks could be hurt by new worries about European stability Monday. The Dow Jones industrial average (INDU), S&P 500 (SPX)…
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Jobs watch: Investors hold their bets – CNN
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Jobs watch: Investors hold their betsCNNBy CNNMoney staff @CNNMoneyInvest May 4, 2012: 7:11 AM ET NEW YORK (CNNMoney) — US stock investors were on hold before Friday's open as they await the highly anticipated monthly jobs report. Dow Jones indust…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and INDU Updates: Bulls Win Again
by Pretzel Logic • • 0 Comments
Recently it seems that virtually everytime there’s a choice between a bearish count and a bullish count, the bullish count wins. This was once again the case yesterday, as the bulls did what they needed to in order to knockout the bear coun…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, INDU, and Employment Updates: Looks Like the Shoe is on the Other Hand Now!
by Pretzel Logic • • 0 Comments
No one can deny that many indicators look bullish right now. The bears are rapidly running out of real estate, and the Dow in particular is within a stone’s throw of making new highs.
However, the burden of proof is now on the bulls. …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, COMPQ, and INDU Updates: Possible Reconciliation of Counts Across Markets
by Pretzel Logic • • 0 Comments
I’ve been trying to reconcile the counts across market, and may have found a solution tonight. Each market gives a bit different appearance, and readers know I’ve referred back to RUT several times, which argues that the next low (assuming …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, INDU, NDX Updates: Trying to Make Sense of the Mess
by Pretzel Logic • • 0 Comments
The charts are an absolute disaster right now. I’ve looked at roughly 20 million charts this weekend, but there are so many possibilities, it simply becomes confusing to try and cover them all. This update was a whole lotta work for very li…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: A (Bearish) Look Out Across Several Markets
by Pretzel Logic • • 0 Comments
On Sunday, we played devil’s advocate a bit and tried to tear down the preferred count. We’ll continue watching the alternate possibility presented there, but we’re going to focus on the preferred count until the market suggests we shouldn’t.
Th…
