Tuesday, August 7, 2012

Back to the year high

As the S&P sits as the top the of the channel it been bouncing in for 2 months the question is does it break up to the 1420 year high or stay in the current channel and start dropping. If today's gains hold and don't get slash in the last 5 minutes 1420's the bet.

Stocks are dead?


Round the all time high on the S&P to 1520.  We are less then 8% from that at 1400.  Yes that sounds like a dead market people are running from?  Seriously?  So if this is dead what's good look like, up 25% a every year?  It seems the expectations are way off of reality.

Friday, August 3, 2012

NFP Friday

So the new question is does the 163k print stop QE or not?