Archive for June 15th, 2011

Stocks Erase Gains for the Year

| June 15, 2011

In early January, our analysis indicated that QE2 was fully priced into the stock market and deteriorating broad market internals suggested that stocks were likely to struggle during the first half of 2011. Since then, the cyclical bull market from 2009 has formed a distribution pattern following an initial rally into February and the S&P […]

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Short-term Forecast for June 15, 2011

| June 15, 2011

S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 index. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the latest big picture update. Technical Analysis The S&P 500 index closed sharply lower today, moving down to a new low for […]

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