It is interesting to see that amongst all the news of doom and gloom around the world that the Dow is approaching its all time high. The month of September 2012 has seen the Dow make a new 52-week high. This is in marked contrast to back in 2009 when the Dow had dipped below 7000. If we listen to … [Read more...]
DOW Closes Below 200-Day Moving Average For The First Time Since September 2010
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...]
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...]