The Smallcap 600 Index (SML) had the best week of all stock indices. It has been up four straight weeks on good volume. Last week was basically a lower volume consolidation week for the other indices. The SP500 Index (SPX) and Nasdaq Composite Index (COMPQ) both finished up but about where they started the week. The Dow Jones Industrial Average (INDU) finished slightly down. Continue reading
Weekend Outlook - 03Aug08
August 3rd, 2008 No Comments
Tags: Market Outlook · Russell 2000 Smallcaps · Standard and Poor's 500 (S&P500) · Swing Charts · Volume
Inflation or Deflation?
August 3rd, 2008 2 Comments
Discussion of the Ten Year Treasury yield with respect to price and time analysis. Currently, the yield (inverse price) is well below a 50% retrace with respect to the 1990-2003 move. Continue reading
Tags: Bonds · Gann Angle Fan · Square of Range