DailyMarkets.com - An Important, Emerging New Positive Chart Pattern In The S&P

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• An Important, Emerging New Positive Chart Pattern In The S&P
• Stocks Rebound, Bank Downgrades Taken In Stride
• Oil Steady On Data
• US Dollar Consolidates After Strongest Day Since November 9; Yen Lags
• Dollar Retains Gains, Euro Jittery On Germany
• June Distribution Volume Continuing In Stocks SPY
• Global Stocks Mixed On Moody’s, Data
• Quick Glance At The Intermarket Landscape To End June
• The Two Biggest Mistakes That Dividend Investors Make

An Important, Emerging New Positive Chart Pattern In The S&P Posted: 22 Jun 2012 09:41 AM PDT Look at the chart inserted on the June 12 post below, "Cramer and One of My Five Lines in the Sand" and you'll see the second trendline from the top at 1365.  When the market touched that level on Tuesday, … Continue reading … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Rebound, Bank Downgrades Taken In Stride Posted: 22 Jun 2012 08:07 AM PDT 06/22/12 Wall Street opened higher, after Thursday’s sharp selloff. Moody’s Investors Service downgraded the credit rating of 15 global banks, including five of the biggest U.S. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Steady On Data Posted: 22 Jun 2012 03:00 AM PDT 06/22/12 Front month crude prices were trading steady Friday afternoon, floating near $78 a barrel, following strength in the dollar and a weak reading in German business … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Dollar Consolidates After Strongest Day Since November 9; Yen Lags Posted: 22 Jun 2012 07:12 AM PDT Fundamental Headlines - Bank Investors Dismiss Moody's cut as Years Too Late – Bloomberg - Dreaded A-Word Looms in France as Hollande Eyes Deficit Cut – Bloomberg - New Greek Government Strikes Course on New Bailout – Reuters - EU Banks' Risk in Eyes of Beholder – WSJ - Ratings Cut for Giant Banks – WSJ Asian/European Session Summary High beta currencies and risk-correlated assets steadied in the overnight, in fact picking up a few points against the US Dollar, as market … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dollar Retains Gains, Euro Jittery On Germany Posted: 22 Jun 2012 02:00 AM PDT 06/22/12 The US dollar retained its gains Friday while a slide in German business sentiment led the way for a euro … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

June Distribution Volume Continuing In Stocks SPY Posted: 22 Jun 2012 06:11 AM PDT I've been highlighting the trend of distribution volume in the SPY (S&P 500 ETF) since April, and that trend continues presently. Let's take a quick update on what volume suggests about the health of the stock market: We continue to see phases of Distribution Volume as price rallies and retraces from May to present. To recap, one of the basic principles of Technical Analysis is the relationship between Price and Volume – some traders make their decisions using only price and volume … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Global Stocks Mixed On Moody’s, Data Posted: 22 Jun 2012 01:00 AM PDT 06/22/12 Global stocks fell for a second day as German business confidence declined to its lowest level in more than two … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Quick Glance At The Intermarket Landscape To End June Posted: 22 Jun 2012 05:50 AM PDT As June winds to a close, let's take a quick look at the current Risk-On/Risk-Off trends within the Intermarket Landscape. Here's the current Cross-Market Picture: For a quick review, the way we interpret the line chart above is to divide the broader markets into "Risk-On" or "Risk-Off" markets: "Risk-On" Markets include Stocks and Commodities (shown above with Gold and Crude Oil) "Risk-Off" Markets include US Treasuries (10-Year Note Price above) and the US Dollar … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Two Biggest Mistakes That Dividend Investors Make Posted: 22 Jun 2012 01:17 AM PDT “Over the long run [dividends] provide the bulk of equity investors' returns.” Buttonwood, The Economist There's a big sell out there about dividends right now. The baby-boom generation is moving into retirement and needs income. Bond yields are low and dividend yields are high by comparison. Everyone wants dividends! As a result so many investment management firms are playing to investor's needs the only way they know how – by launching high income funds and dividend focused ETFs. In … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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