‘stockcharts’ Tagged Posts

Stock Market Analysis Of S&P 500 For July 26 2010

www.guerillastocktrading.com Hi my fellow stock trading masters. We might be at the start of another strong bull rally. Come again? What MaryJane am...

 

www.guerillastocktrading.com Hi my fellow stock trading masters. We might be at the start of another strong bull rally. Come again? What MaryJane am I smoking to say that with so many people being without a job, banks being closed down, and home building taking a double decline to the downside? Great question. It does look ridiculous if you are a one-dimensional creature living in the here and now. But you are bigger than that. You were created the capacity to envision yourself trading in the future. That higher level of thinking is something that makes you different from other animals and living organisms that can merely live in the present. While I confess it’s not as great as Stephen Hawking time travel, it is capable of making you a huge amount of cash. One of the most tricky lessons for newbie investors to grab is that the stock market is the future of economy anywhere from 4 to 9 months. In other terminology, all the price action taking place on the stock market today is a bet on the place we imagine the economy will be 9 months from now. The stock market is yelling at us that in 9 months from the present, the unemployment rate will be lower, banks will no longer be failing, and housing construction will go back up. The earnings season we just finished confirmed that with 71 % of all corporations posting earnings increases from the second quarter of 2009. Last week I talked regarding how, with the downtrend channel breakout, we don’t know what new channel or chart

Stock Market Analysis Of Homebuilders ETF (XHB) Shows Double Dip Recession

 

www.guerillastocktrading.com I’m a registered Independent. I want to make that point clear right at the start, I’m not a Democrat. I don’t care much for Fox News, Sean Hannity, brand of Republicans who place politics in their analysis of gold. I do not believe anyone has got to allow political partiality to influence their technical analysis. But when two political parties are in a struggle over the economy and it is having an impact on the stock market, you have got to bring in political parties in your technical analysis. Democrats are trying their best to improve the economy before the November elections to win votes while Republicans are doing their best to hinder any policy that could improve the economy heading into the November elections. This account is not really a political bias declaration, it’s just the way it is. Republicans are presently blocking movement on a bill to improve the economy, keep jobs for teachers and cops, and help people buy their first house; another bill that would hold oil corporations accountable for any disasters they cause by removing the current million liability cap; and most recently the extension of jobless benefits. In the past 3 weeks, 3 million people have been booted off unemployment: that’s about 1.2 million people a week. Major news outlets recently reported that for every job opening at McDonald’s there are 300 to 500 applications turned in. Lots of the people applying for jobs at McDonald’s possess university degrees. I

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