Market Matters
Market Update
TECHNICAL UPDATE – Friday 02 July, 2010 – AMC
Monday 28 June to Friday 02 July, 2010
DOW JONES INDUSTRIAL AVERAGE ($INDU: CBOT)
9,686.48 -46.05 (-0.47%)
Volume: 199,355,421 from 262,824,114 the previous day (-24.15%)
Range: 9,614.32 – 9,770.87 (156.55 points)
Originally Posted by Conrad on Friday 02 July 2010
Hammer after a down trend. But one can’t seriously read into any sort [...]
June 2010 In Review, July Preview
June was another mad-house month but I did get a much needed break.
Between 2 to 7 June, the family and I went back to Korea for the second time in two years, this time, free and easy, and shopped the hell out of the place. We also spent an entire day at Everland and personally, [...]
May 2010 In Review, June Preview
What a May that was … there was that flash crash that went into a 400-point relief rally and then slow-bled only to go into another 300-point rally. All three benchmarks fell below their 200DSMAs and only the NASDAQ closed out May above its 200. The Dow Jones Industrial Average held above 10,000 in spite [...]
Thursday 06 May 2010 AMC – Market Analysis
U.S. Markets – Thursday 06 May 2010 AMC
Originally Posted by Conrad on Thursday 06 May 2010
I already said it at the start of the week and with only two days left to go, I am maintaining my bearish stance to the end … Now Lows exploded to outpace New Highs for the first time this year [...]
You Want More Charts?
Following up on the original “You Want Charts?” posting on January 19, 2010, here’s an update with new charts and more shocking stats.
So it’s no longer just the men who are losing jobs. In past recessions, it was glaringly noted that women tended to retain their jobs better than men and also found jobs better [...]
Saturday 13 February 2010 – AMC
U.S. Markets Recap – Monday 08 to Friday 12 February, 2010 AMC
Originally Posted by Conrad on Monday 8 February
This week is going to be tough to call as the second week of February is always never consistent. It should be a fairly bullish week considering we have the eve of a three-day weekend on Friday [...]
Market Update: 8 February 2010 BMO
U.S. Markets Recap – Monday 1 to Friday 5 February, 2010 AMC
Originally Posted by Conrad on Monday 1 February
February, in recent years, has been more bearish than bullish. It should start the week on a bullish note, albeit modestly.
Direction for the week Monday 1 to Friday 5 February 2010; Down
All it took was one massive down [...]
Market Update
U.S. Markets – Tuesday 26 January, 2010 AMC
Just looking at those charts should make you nervous. If you weren’t in the market yesterday, you missed out on what it is really like to be in a nervy market where doubt and confusion rules and nothing makes sense. One thing was clear though … it was [...]
Ready, Beary, … Go?
TECHNICAL UPDATE – FRIDAY 22 JANUARY, 2010 – BMO
DOW JONES INDUSTRIAL AVERAGE ($INDU: CBOT)
10,389.88 -213.27 (-2.01%)
Volume: 304,288,874(? +49.69%)
Range: 10,374.69 – 10,614.94 (240.25 points)
Originally Posted by Conrad on Thursday 21 January
… it’s only the worst day of the year and the biggest ranging day since 27 November 2009. Can’t say that it wasn’t expected. Also can’t say I’m [...]
A Bullish Down Day?
U.S. Markets – Wednesday 20 January, 2010 AMC
Originally Posted by Conrad on Tuesday 19 January 2010
I can’t call this any other way seeing how DOW is finding it tough to break 10,725.00 while its volumes continue to display divergence. Furthermore, it’s hard to see the banks propping up the market especially after JPM and C gave us [...]
