Stock Market Ready to Make a Strong Move
Please use Subprime Blogger to get your daily mortgage rates. Now that the government is trying to cap interest rates, you could save a great amount of money by keeping up with where rates currently are. As you can see from the chart above, the stock market currently sits in a very unique position. The [...]
Stock Market Analysis – Financials Lead the Way – Overbought?
The S&P 500 was up over 6% for the week which was the third consecutive week of gains for the overall market. Last week I made the assumption that you should short financials on any strength as they were overbought. Last week, the financials pushed even higher giving you a great oppotunity to short these [...]
Stock Market Analysis – Short Financials on Any Upward Strength?
There has been a steady move up in the financial markets since March 6th. Over 20% has been gained by the overall market in two short weeks, but the market looks to be very oversold and vulnerable. Shorting any financial strength at S&P 500 803 was very wise as this will be a point of [...]