Archive for July 30th, 2010

Stocks and Treasuries Continue to Disagree

| July 30, 2010

We have been monitoring a negative divergence between stocks and treasury yields over the past month, and both markets are now forming bearish technical patterns, suggesting that they will likely move lower sometime over the next two weeks. The S&P 500 index has rallied 7% since bottoming at the beginning of the month, but the […]

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Short-term Forecast for July 30, 2010

| July 30, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the big picture update. The S&P 500 Index The index closed near unchanged today, continuing a test of uptrend support at the lower […]

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