View RSS Feed

Coolhand's Market Analysis

Indexes Post Moderate Weekly Loss - Posted by Coolhand

Rate this Entry
Quote Originally Posted by coolhand View Post
As difficult as this market has seemed at times, the indexes were only down moderately last week (about 0.5% or less). They still sport significant gains on the month.

Green for Stop-s-p-500-png
Green for Stop-dwcpf-png

Friday saw the market make it 2 up days in a row. Momentum is flattening. I'd like to see price on the S&P 500 make a run at the September high and break to the upside from there. I suspect that will eventually happen.

Green for Stop-nyad-png

Breadth moved higher and remains bullish.

TSP Talk sentiment came in neutral with an almost even split between bulls and bears. Of course, NAAIM remains bullish.

I just can't get bearish on this market (not that I want to). Especially when the smart money is long. Don't forget about the wall of worry.

I remain bullish.

Submit "Indexes Post Moderate Weekly Loss - Posted by Coolhand" to Digg Submit "Indexes Post Moderate Weekly Loss - Posted by Coolhand" to del.icio.us Submit "Indexes Post Moderate Weekly Loss - Posted by Coolhand" to StumbleUpon Submit "Indexes Post Moderate Weekly Loss - Posted by Coolhand" to Google

Categories
Uncategorized

Comments


SPY (C Fund) (delayed)

(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)

(Stockcharts.com Real-time)
EFA (I Fund) (delayed)

(Stockcharts.com Real-time)
BND (F Fund) (delayed)

(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes