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  1. Discuss Market Comments 05/11/11

    by , 05-10-2011 at 11:39 PM (TSP Talk Blog)
    Patterns overrule indicators - Stocks rallied yesterday as we continue to see a classic formation play out perfectly. The Dow gained 75-points on the day...

    Current Daily Market Commentary

    Market Commentary for 5/11/11
  2. A Market of Streaks

    by , 05-10-2011 at 06:35 PM (Coolhand's Market Analysis)
    Four days down in a row, three days up (and counting). I had thought over the weekend that the market would find a short term low by mid-week this week, but that's not looking too likely now. Now I'm thinking the weakness comes later in the week, but I'm not so sure we'll be filling those gaps anytime soon so any weakness will probably fall short of those targets. That's assuming we get weakness of course.

    Liquidity continues to trump negative news and getting invested on a dip has ...
  3. Discuss Market Comments 05/10/11

    by , 05-09-2011 at 10:01 PM (TSP Talk Blog)
    As the dollar turns - See below for details. Stocks struggled out of the gate on Monday but by late morning the indices bottomed and we saw some respectable gains by the afternoon. The Dow closed off the highs but gained 46-points on the day...

    Current Daily Market Commentary

    Market Commentary for 5/10/11
  4. Bulls Prevail

    by , 05-09-2011 at 06:27 PM (Coolhand's Market Analysis)
    The market managed to shake off what began as listless trading for almost the entire morning session. But just before noon EST, the market began to rally, and with no headlines to account for the buying spree it should be noted that the dollar began to weaken around the same time.

    And with a weakening dollar came a sharp rise in commodities, which saw the CRB Commodity Index tack on about 2% today, with oil leading the way with a 5.4% advance to $102.55 per barrel.


    Updated 05-10-2011 at 09:10 AM by coolhand

  5. Free Access to Premium Services Today!

    by , 05-09-2011 at 08:43 AM (TSP Talk Blog)
    Today only (Monday, May 9) we are giving free access to these Premium Services: RevShark, Trader Fred, and Scribbler.

    ... And the EbbChart System will be free all this week!
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