I mentioned back in May that I was watching Google Trends as a market sentiment indicator. This is the first week in which I can actually apply the concepts discussed in that post (click on Google Trends under labels to view the post).
I find it interesting that the search volume for “bear market” is back [...]
http://money.cnn.com/2009/03/21/news/economy/bank_bailout_next_step/index.htm?postversion=2009032209
Looks like we got another over the weekend press release from the government. We should get our first look at what the markets think of it when ES begins trading in a few hours as well as the Asian markets. Like most headlines, I don’t think it affects how to trade the market but it [...]
On tap tonight I will be discussing what I deem to be key indexes, a look at the bond funds, currency funds and some specific stocks.
$SPX
I will start by looking at $SPX which I examined yesterday in some detail.
Here is a summary of my posts from yesterday:
- The peak at 930 to trough at 800 [...]