Archive for July 12th, 2010

Baltic Dry Index Continues to Trend Lower

| July 12, 2010

The Baltic Dry Index (BDI), which tracks international shipping prices of various dry goods around the world, continues to move sharply lower after breaking down from an ascending triangle formation in June. The index is basically a measure of the health of international commerce. In general, a rising BDI indicates worldwide economic growth, while a […]

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Short-term Forecast for July 12, 2010

| July 12, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock indices that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the latest big picture update. The S&P 500 Index Synopsis: The S&P 500 index closed slightly higher today, holding near recent highs of […]

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