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Posted by btr Tue, 17 Apr 2007 04:00:00 GMT
It will have to test the previous high first. We might see a breakout from this ascending triangle. So the resistence is at 12,845 and then 13,000 if it breaks out.
Posted by btr Thu, 01 Mar 2007 03:16:00 GMT
Dow Jones Industrial has broken its uptrend line. It will likely test the major support area at 12,000.
Tuesday’s big drop was the first in a few years.
Among the companies whose shares are expected to see active trade in Monday's session are MasterCard, Anadarko and Hartford. more
What a strange exchange between Dylan Ratigan and the always controversial and fiery Charlie Gasparino near the end of the day today. It appeared that Charlie hit the all you can drink liquid lunch buffet this afternoon before appearing on CNBC. Dylan was asking about a Merrill Lynch mer more
Only a part of Buffett's market-beating performance has come from stock-picking. Even more of his edge has been generated by Berkshire's operating subsidiaries. more
THE SHOW: Are we having fun yet? Me neither. My old pal Deep Blue keeps writing me about various stocks and such that might have upside, but then acknowledges it's hard to imagine much of anything working this year. Except cash, and you better hope that's real cash and not some sort of 'cash equival more
Japanese shares lost ground on Friday after the Bank of Japan cut interest rates by less than the market was anticipating while markets elsewhere in Asia-Pacific were lower as traders cashed in their profits more
The indices had a good day yesterday but none of them has yet to surpass the highs put in around October 20th. The futures are a little weak right now but some backing & filling might actually be healthy. It would be nice for the bulls if they could keep the indices above [...] more
A stock scan performed after the close on Thursday for “the cross” found one stock that might be instructive. There were no ‘golden crosses’ with today’s market action: Polo Ralph Lauren Corporation (NYSE:RL) The 50/200 “Cross” The thesis goes something li more
It's time to celebrate Halloween by revealing this year's Spooky Stocks - i.e. the stocks most likely to scare investors and blow away their returns. Before we do so, let's first take a look at the performance of previous spooky... more
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When I started automated trading a few months ago, I jumped head first into backtesting with the thought that it was essential to automated trading. While there’s no doubt that automated trading and backtesting go hand in hand, what I’ve discovered over time is that learning what makes more
Stocks rallied Friday, capping off a strong week at the end of one of the worst months in Wall Street history.
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The idiotic neocons, culture warriors and talk-radio crowd must share responsibility. And do not forget the silly free-marketers now lining up to apologise for failed economic policy. But it was the Republican icons who created John McCain's predicament, writes James Carville more