Posts Tagged ‘MACD’
Dow and S&P Close Below 2002 Lows
Monday, February 23, 2009 16:12 4 CommentsThe Dow Jones Industrial Average and the S&P 500 both closed below their 2002 lows.
ChartingStocks.net wrote in our 2009 forecast, contrary to Wall St consensus, that we expect the Dow Jones to breach the 6,000 level this year and touch upon 5,800. The risk to our outlook would have come if the Dow Jones was [...]
US Dollar Losing Steam
Friday, December 12, 2008 19:02 No CommentsThe 2008 US dollar rally is losing steam and may be coming to an end. I know that the run up in the currency left many in the financial world scratching their heads. How can the currency of a collapsing economy strengthen? Why, when trillions of new dollars are being created out of thin air, [...]
NBER’s Recession Call & The Importance of Stock Charts
Tuesday, December 2, 2008 19:29 No CommentsNews Flash! Recession Started a Year Ago Says NBER
It must be exciting to be an economist at NBER (National Bureau of Economic Research) who just recently announced that the US has been in a recession for a year. I wish I could find a job which entails telling people what happened in the stock market [...]
