Interesting Charts More short term signals of technical weakness in major equity indices and sectors! Lots of momentum indicators recorded short term sell signals yesterday: · Stochastics falling below 80% after reaching above 80% · RSI moving below 70% after reaching above 70% · A negative MACD crossover from an overbought level (above the [...]

  Editor’s Note: Mr. Vialoux is scheduled to appear on Bloomberg Television at approximately 3:35 PM EST today. Access http://www.bloomberg.com/ . Click on TV. Pre-opening Comments for Monday January 30th U.S. equity index futures are lowered this morning. S&P 500 futures are down 11 points in pre-opening trade. Negotiations between Greece and private investors holding [...]

Pre-opening Comments for Friday January 27th U.S. equity index futures are lower this morning. S&P 500 futures are down 7 points in pre-opening trade. Traders are waiting for Greece’s government and private investors to announce an agreement on Greek sovereign debt. Equity index futures moved lower following release of the advanced fourth quarter annualized real [...]

Pre-opening Comments for Thursday January 26th U.S. equity index futures are higher this morning. S&P 500 futures are up 6 points in pre-opening trade. Index futures are responding to news that private sector creditors are ready to accept an interest rate of 3.75% on Greek debt as part of a restructuring proposal. Previously, the Greek [...]

Pre-opening Comments for Wednesday January 25th U.S. equity index futures are lower this morning. S&P 500 future are down 5 points in pre-opening trade. Negotiations on Greece’s sovereign debt have yet to reach an agreement. Fourth quarter earnings continue to pour in. Companies reporting overnight included Apple, Boeing, General Dynamics, Ericson, SAP, United Technologies, Xerox, [...]