Posted in Currencies, SPY, QQQQ, Daily Comment on Apr 27th, 2008
The weekend seems to get away from me, and for some reason I seem to find any excuse to not spend much time on my computer. I updated my commitment of trader files and since have tried to think of other things. But it is Sunday evening and I must try to get some perspective […]
Posted in Currencies, QQQQ, Daily Comment on Mar 30th, 2008
Stock indexes fell back a bit after the the recent rally stalled out mid-week. I was worried about the light volume on the rally, as I mention previously. The volume picked up a slight bit on the drop Thursday, but was very light on Friday. The chart of the Nasdaq/QQQQ shows the trend lines having […]
Posted in Currencies, SPY, Stock Market on Mar 17th, 2008
There was much news regarding the fire-sale of Bear Sterns that promised a very weak opening today. I won’t bother repeating the detail of the news as it has been reported in every media all day long. The more important aspect of the news to me is how the market interpreted the news. The stock […]
Posted in Currencies, Stock Market, Daily Comment on Mar 12th, 2008
Yes it’s true, the Morocaan Dirham is at the highest level ever against the U.S. Dollar, as is the Croatian Kuna, Estonian Kroon, Tonga Pa’anga. The Vientam Dong is at a new recent high, although not an all-time high. I’m sure it will be soon. The the size and scale of the U.S. economy, even […]
Posted in Currencies, Daily Comment on Feb 27th, 2008
Not much to say about stock indexes. The S&P and Nasdaq had up candles but closes were mixed. The S&P advance/decline line improved a bit, and the trend indicator has now come together and if the market doesn’t fall apart in the next day or so the trend could turn positive according to the trend […]
