Intraday Reversal

Days like today that start strong and finish weak are not particularly good for sentiment or the technicals. Especially, coming as it did when the market is so extended after its nice move up in July.

Dow Jones Intraday
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Nasdaq False Breakout — the "Bull Trap"

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That may set us up for a little softness for the next few weeks.

There’s lots of support near 2100 — if we see that level (or anywhere close), I’m a buyer, looking for the last leg up of this cyclical bull run.

Category: Technical Analysis, Trading

Fed Follow Up

Category: Economy, Fixed Income/Interest Rates

Media Appearance: Kudlow & Company (08/09/05)

Category: Media

Post Recession Employment Recovery

Category: Economy

Misleading WSJ Chart

Category: Economy

Real Estate Begins to Cool

Category: Economy, Fixed Income/Interest Rates, Real Estate

Chart of the Week: Housing Inventory

Category: Investing, Markets, Real Estate

Inventory of Homes for Sale Increases

Category: Economy, Real Estate

U.S. Savings Rate = 0%

Category: Economy

Sunday Linkfest

Category: Weblogs