Archive for August 11th, 2010

The Stock Market Breaks Down, Right on Schedule

The Stock Market Breaks Down, Right on Schedule

| August 11, 2010

For several weeks, a bearish rising wedge has been warning us not to trust the low volume rally in stocks from early July. This type of technical formation usually ends with a violent correction, and today that breakdown occurred, spurred by a predictably weak assessment of the faltering economic recovery from the Federal Reserve yesterday. [...]

Continue Reading

Short-term Forecast for August 11, 2010

Short-term Forecast for August 11, 2010

| August 11, 2010

This update is available only to subscribers. Please login or subscribe to view this content.

Continue Reading