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Dow Jones Industrial Average, street TRACKS Gold Trust Shares, Adobe Systems Inc and CGI Group Inc: Technical comments on equities in the news

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Dow Jones Industrial Average ($INDU – $10,170.11)
News event: Breaks to a new 2009 high.
Technical comment: The Dow’s intermediate uptrend was confirmed this morning on a break above resistance at 10,119.47. Short term momentum indicators continue to recover. MACD recorded a positive cross over this morning. Seasonal influences are positive until near the end of April. [...]

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Technical Comments on Equities in Today’s News

Notable Stocks 3 Comments »

 
Adobe Systems Inc. (NASDAQ: ADBE $33.20)
News event: Adobe offers to purchase Omniture for $1.8 billion and reports lower than consensus third quarter earnings.
Technical comment: Adobe currently has a positive technical profile. Intermediate trend is up. The stock trades above its 50 and 200 day moving averages. Strength relative to the S&P 500 Index has been [...]

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