Posts Tagged ‘charts’
Dow Chart food for thought
Independance Day. Short trading week ahead. Take a look at the last year in trading. The Dow Chart points to a troublesome year and reflects the global economic pressure. Remember how early everybody was saying “we are moving into strength”, “the recovery continues”, “we are out of it now for sure”? Once again, things may [...]
Dow 2009 A great stock trading year
The sentiment this year has been all about stock crashes, recession, the banks versus state battle, carmakers begging for life and a generally flacid consumer vitality. For anyone who was there, the headlines about 2009 are true but for the astute investor, 2009 has probably been the best year in recent times.
Remeber when Dow Jones [...]
Cisco takes a drop while shareholders live in denial
While the techy giants are doing OK, Cisco moves against the stream and expects a 16% drop in sales for Q1. One surpise to us is the effect of reports on stocks, as earnings reports drop in. Not on Cisco specifically, but over the whole board. Have stockholders not been plugged in on the current [...]
US Consumer Comfort Index dips under 50
In a recent poll, the American Consumer Comfort Index dipped to -51 which is the lowest rating in viewable history. Obviously, there is a close resemblande to the dow chart but who follows who one might wonder? Whichever the case, weak consumer confidence is not a good sign.
The index is calculation is based on 3 [...]
