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Weakly Bullish Archive
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Weekly Market Update: August 15, 2009
Posted on August 15, 2009 | No CommentsThe markets saw their first weekly loss in a month. While this has caused much concern among the investing community, it is important to remember that the “trend is your friend.” As it stands now, the uptrend that is now in its sixth month remains... -
Market Update: July 15, 2009
Posted on July 15, 2009 | No CommentsThe markets continued their rallies, today. While the S&P 500 still remains in its two month trading range, the NASDAQ Composite broke above a flag pattern – a bullish sign. -
Weekly Market Analysis: June 8-12, 2009
Posted on June 14, 2009 | No CommentsThe long-term trend remains bullish, overall (though weakening), however the short-term trend has become range-bound over the last few weeks. The uptrend that began on March 9th, dominates the charts, but, after popping out of a symmetrical triangle two weeks ago, the markets have been... -
Weekly Analysis: June 1-5, 2009
Posted on June 7, 2009 | No CommentsThe markets resumed their recent bullish trend this week after consolidating through the month of May. Both the long-term and short-term trends are showing signs of bullishness with the long-term MACD logging its third rise in three weeks and the short-term markets breaking resistance. The... -
Weekly Market Analysis: May 25-29
Posted on May 30, 2009 | No CommentsThe markets displayed resilience in the face of a possible trend-shift this week. The last several weeks indicated that the long-term trend had turned bearish following the March 9th V-Bottom and 9-week rally. Meanwhile, the short-term trend entered a 3-week long trading range that began... -
Weekly Market Analysis for May 16, 2009
Posted on May 16, 2009 | 1 CommentThe Markets finished the week lower. The S&P 500 was lower for only the second week out of the last 10 and the NASDAQ 100 finished lower for the first time since early March. The long-term bearish trend from January 2008 remains the predominant long...