Archive

Wk18: Market Forecast

May 3, 2010

Racing mountain bikes this weekend left me tired and little time for posting. News announcements can be found here for the week which is heavily packed with them. We are watching for a close above 1210 on the S&P to get bullish and close below 1181 to get bearish.

Daily Reflection: 04.30

May 1, 2010

Tim Racette

Reflection

Great buy, or head for the hills? GDP rose 3.2% in the first quarter leading to signs of a growing economy. The Put/Call Ratio closed above 1.0 at 1.06 indicating a high number of puts on the books, theory being do the opposite. Stay tuned for a full market analysis.