The DJIA closed below its 200-day moving average for the first time since September 2010. The DOW has comes down off its lofty perch at slightly above 12,800 to rest just above the 11,860 mark today. Today marks the 8th consecutive day of decline for the DOW. As the DOW has been making its steady … [Read more...]
The Dow Jones Industrial Average Finally Makes Its Much Anticipated Pullback
After making its high above the 12,800 mark, the Dow Jones industrial Average finally started its much anticipated decline after venturing above 12,800 for a few days in a row. Now, near the middle of the year the Dow is meandering around the 12,000 mark. Although the Dow is still above the 200 … [Read more...]
New Highs For The DOW and Gold – Week Ending 4/29/2011
Yet another strong week for the Dow Jones Industrial Average as its way up and closed above 12,800 for the first time since early 2008. Gold was no slouch this week either, setting record all-time highs. … [Read more...]
POWERSHARES QQQ TRUST Has Changed Symbols
On Wednesday, March 23, 2011 the POWERSHARES QQQ TRUST will undergo a symbol change from QQQQ to QQQ. This, in essence reverts the symbol back to its original form when the ETF was first introduced. Please make a not of this for futures trading. … [Read more...]
The Dow Makes yet Another 52-Week High For February 2011
Dow Jones industrial average made yet another 52-week high closing the week out at 12,391.29.... Solidly above the 12,000 mark. Thus far has been a strong, bullish month...the monthly candlestick is a solid green with no wicks meaning basically that was the Dow started going up for the month and … [Read more...]
DOW Makes Yet Another 52-Week High
The Dow ended the week making another 52-week high. The Dow has risen over 5,000 points from the lows of early 2009. All during this time the harbingers of gloom and doom continued to justify the drop to the lows with news of our increasingly declining economic condition. The chart above is … [Read more...]