America's Economic Future – A Discussion By Ted Kavadas
The charts seen in this post are from Maurice Walker, http://thechartpatterntrader.com. First, a daily 1-year chart of the S&P500. The large broadening pattern (in blue) is notable, as is the smaller one, as seen by the dotted line. chart provided by http://thechartpatterntrader.com Chart Courtesy of StockCharts.com Here is a weekly chart of the S&P500. Notable …
Moving on to the stock market. First, a 1-year daily chart of the S&P500. Although at first glance, the advance from the March lows doesn’t appear too suspect, two aspects are notable. One can see that currently the price has dipped below the 50 day moving average (line seen in blue -the red line is …
Before displaying some charts of the stock market, I would like to post a couple of the Japanese Yen. My comment of September 14 is relevant today: “Additionally, is it not odd, on an “all things considered” basis, that the Japanese Yen is rising at what appears to be an increasing rate? This rise commenced in mid-2007, as …
This series of blog posts represents a periodic Technical Analysis of the markets. My last series of posts (5 parts) of this nature was titled “Peril In The Markets?” and started September 13. At the conclusion of that series of posts, I wrote this blog post summarizing my thoughts: https://www.economicgreenfield.com/2009/09/17/extreme-peril-in-the-stock-market/ Although a stock market crash did not …
My last post about “Cash For Clunkers” was on October 8 and can be found here: https://www.economicgreenfield.com/2009/10/08/cash-for-clunkers-revisited/ On Thursday, there was an interesting story on CNNMoney.com concerning a sales analysis of the Cash For Clunkers program. It can be found at this link: http://money.cnn.com/2009/10/28/autos/clunkers_analysis/?postversion=2009102910 Here are some excerpts that are particularly notable: “A total of …