There were more signs on Friday that this rally will be of intermediate duration. A reverse head and shoulders pattern was completed but the breakout was not definitive. Signs point to more strengthening. This report tells what those signs are, but the most important one will come from on high. Follow the money. Find the…
Tag Archive for Rally
JP Morgan Latest News
US STOCKS-Wall St flat in volatile trade; JPMorgan shares up – Reuters
by Newswires • • 0 Comments
Globe and MailUS STOCKS-Wall St flat in volatile trade; JPMorgan shares upReutersS&P coming off two straight days of 1 percent moves * JPMorgan CEO testifies on trading loss; shares up * Dell shares rally after dividend comments * Indexes: …Wall …
JP Morgan Latest News
U.S. Stocks Swing Between Gain, Loss as Banks Temper Retail Data – San Francisco Chronicle
by Newswires • • 0 Comments
U.S. Stocks Swing Between Gain, Loss as Banks Temper Retail DataSan Francisco ChronicleJune 13 (Bloomberg) — U.S. stocks swung between gains and losses as JPMorgan Chase & Co. sparked a rally in bank shares, tempering a disappointing retail …and…
Latest Business Headlines
Spanish bank lifeline rally fades out – Full story
by Newswires • • 0 Comments
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European Crisis, Latest Business Headlines
Markets rally on Spain deal but fear still present – Full story
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Liquidity Trader Complete, Professional Edition
Treasury Yield Uptick Marks and Interesting Turn of Events
by Lee Adler • • 0 Comments
Extended excerpt from the Executive Summary. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow the money. Lee Adler’s Liquidity…
Latest Business Headlines
Bernanke breaks wind on US stocks rally – Full story
by Newswires • • 0 Comments
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Professional Edition, Technical Trader
Dicey Situation
by Lee Adler • • 0 Comments
The cycle screens did not confirm yesterday’s rally. The 6 month cycle projection has been reached, but the 13 week cycle projection has dropped to 1245, with a low ideally due now. There are no buy signals yet. The short term indicators are still mostly on the sell side, with some ambiguity. This report illustrates…
Professional Edition, Technical Trader
Problematic Premarket Pullback Puts Positive Prospects In Peril
by Newswires • • 0 Comments
From the premarket action this morning, it’s as if yesterday’s rally did not happen. A drop back below 1323 would be problematic for the bullish short term view. However, the market would need to recover only some of this overnight loss to keep the recent short term buy signals in force, and probably give confirmation…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: Next Target Unchanged, but More Bearish Potential Exists
by Pretzel Logic • • 0 Comments
Yesterday’s rally exceeded my target zone by 2 points, and has necessitated a slight shift in the wave degrees. The rally was probably a bit too large to be blue wave (4), and has thus indicated that it is most likely the higher degree&…