Posts Tagged ‘technical indicators’
Dow Industrials, Transports, S&P Close Below Key Moving Averages
Monday, June 22, 2009 15:06 No CommentsLast week, we mentioned that technical indicators began to turn negative. Technical damage continued today as the Dow Jones Industrial Average, Dow Jones Transportation Average, and S&P 500 closed below their pivotal 50 and 200 day moving averages (first time since March), with all 3 averages registering an RSI sell signal. NASDAQ bucks the trend [...]
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 [...]





















