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Daily Stock Report for Wednesday Morning, February 24, 2010 pt1The stock market had its biggest drop in three weeks that probably was rattled by the Consumer Confidence numbers that came out today. Expectations was a reading of 55 and came out at 46.It should not have been a surprise but stock markets dont need a good reason to do anything. Federal Reserve Chairman Bernanke is giving his semi-annual economic report to Congress starting...more
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Daily Stock Report for Friday Morning, February 19, 2010 pt2Summary Opinion We are at a critical level that could establish a downtrend if lower lows are made or this could be just a pullback within an uptrend. The odds of a downtrend starting is...more
Daily Stock Report for Tuesday Morning, February 23, 2010 pt2Summary Opinion We are at a critical level that could establish a downtrend if lower lows are made or this could be just a pullback within an uptrend. Start gradually peeling off long...more
Daily Stock Report for Thursday Morning, February 25, 2010 pt1Stocks moved up from the open today and stayed in positive territory all day, closing up most of the losses from yesterday. The Dow30 closed up 0.9%, Nasdaq Composite and the S&P 500 both...more
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