Your tax dollars all at work… Click here to see a larger picture SharePlanner Market Compass: I know its shocking that I’m changing the rating, but look at the daily and see for yourself if you don’t think the SPX isn’t way, way overextended. Quick Glance at the Market Heat Map and Industries Notables:
A nice way to wake up on Monday Morning… The Splash Zone – Learn more about our swing-trading and day-trading service. SharePlanner Market Compass: No need to change this one. Quick Glance at the Market Heat Map and Industries Notables: Apparently Apple can only go down when the market is up. Materials were very lackluster
Pre-market update: Asian markets traded 0.2% lower. European markets are trading flat. US futures are trading flat ahead of the bell. Economic reports due out (all times are eastern): Producer Price INdex (8:30), Retail Sales (8:30), Consumer Sentiment (9:55), Business Inventories Technical Outlook (SPX): SPX experienced its first sell-off in eight days
Ugh, what a day… For the first time in about 3 years SharePlanner had itself an outage today where it spent most of the day off-line. The alerts to its subscribers were still running, however the site itself was inaccessible. So my apologies if you came to the website today and it was down. What
Those we lost 12 years ago on this day… Quick Glance at the Market Heat Map and Industries Notables: Nobody likes utilities anymore. Financials matched the tone of the market today: sluggish Materials did rather well, particularly with the bigger names. Be sure to check out my latest swing trades and overall past performance
Obama’s Speech has little effect on the markets Quick Glance at the Market Heat Map and Industries Notables: Market up, Apple down – Back to its old ways. Financials were rallying strong after being sluggish of late. Basic materials were way off today. Be sure to check out my latest swing trades and
We’ve been waiting for this moment for quite a while now. And it has finally arrived – the much anticipated double buy on the daily and weekly SharePlanner Reversal Indicator. This indicator keeps me far too much in check. Often times it is running contrary to what I want to “think” about this market. Rather
A great day in the SharePlanner Investment System If you want to be part of the SharePlanner Success then join the SharePlanner Investment System Today Quick Glance at the Market Heat Map and Industries Notables: Banks were okay today but there is a lot of underlying weakness in that sector. Utilities continue to be ignored.
The chart on the Russell is pretty interesting right now and I’ve started paying a whole lot more attention to it these days, as it seems to be one of the most technically dependable and predictable indices for predicting future movements in the broader market. But check out how cleanly it is breaking the down-trend
I think this sums up today’s market action quite well for today…