Comments on: Market Update

By: NHF

NHF — Mon, 09 Nov 2009 23:39:19 +0000

Well it held on and got the bounce… now lets see it approach that long term resistance level on the monthly chart… around $112

By: NHF

NHF — Fri, 30 Oct 2009 16:30:27 +0000

Looks like volatility is back in action!

Lots of air below this support level on SPY

By: NHF

NHF — Thu, 29 Oct 2009 16:39:46 +0000

Well there you go a bounce off the GDP.

Now the question is will it continue tomorrow… Im guessing probably due to the fact that its the end of the month and the Michigan Sentiment survey will probably be positive due to its lagging numbers.

By: Ted

Ted — Wed, 28 Oct 2009 21:51:53 +0000

Knowing this market they could say that Halloween candy sales are 2% higher than last year and the market will roar to new highs! ..ha

By: NHF

NHF — Wed, 28 Oct 2009 21:38:20 +0000

Next week will be a big week as well with Auto Sales, Fed Rate Decision, and Unemployment numbers.

sounds like a bumpy ride