| Dow Jones Largest Fall Since April of 2009: Current Rally based on VShaped Recovery Hopes and Sustained Spending. Credit Card Mail Offers Fall from 2.1 billion in Q3 of 2006 to 391 million in Q3 of 2009.
October 31, 2009 at 6:46 pm
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| | The Dow Jones Industrial Average falling 249 points on Friday was a significant turning point in this rally because it came on the back of a 200 point jump just the subsequent day... |
| Barrons: A Scare that Can Last Beyond Halloween Technical Analysis
October 31, 2009 at 2:54 pm
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| | Since technical analysis is more art than science, I rarely will post someone elses... |
| On Revisions and on Conditioning
October 31, 2009 at 2:54 pm
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| | Both have to be handled with care. Revisions Were all tempted to make predictions... |
| Halloween Video Commentary
October 31, 2009 at 2:52 pm
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| Neutral Tandem, Inc. TNDM
October 31, 2009 at 12:42 pm
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| | Bearish flag |
| Stock Pick of the DayOct 31
October 31, 2009 at 10:04 am
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| | The Bank of America stock has been showing signs of trend reversal and is likely to search for its lower support around 14, from where it started moving up a few months back. It would be advisable to short the Bank of America stock it it fails to show signs of recovery from 14, failing which it could it could even fall to 12.2... |
| Market CommentaryOct 31
October 31, 2009 at 9:47 am
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| | The entire rally fuelled by a strong report on initial GDP growth estimates of 3.5 on Thursday, faded out on Friday. The fall in consumer spending and outlay for October left traders with doubts on the strength of GDP growth, particularly in light of the low base for previous year. The widespread losses came on the street came in the wake of government data, which suggested that the consumer sentiment for the last month dropped by 0.5 in last month... |
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