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Nov 03

streetTRACKS Gold Trust Shares, iShares Dow Jones Transportation Average Index Fund, Semiconductor HOLDRS: Technical comments on Equities and ETFs in today’s news

Notable Stocks Comments Off

  streetTRACKS Gold Trust Shares (NYSE: GLD) – $105.67 News event: Reserve Bank of India purchased 200 tonnes of gold from the IMF Technical comment: streetTRACKS Gold Trust Shares track the price of gold in U.S. Dollars. The news triggered a breakout above resistance at $104.70 to an all time high. Short term technical target [...]

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Sep 23

Technical Comments on Equities in Today’s News

Notable Stocks 1 Comment »

  General Mills Inc. (NYSE:GIS $63.79) News event: General Mills reported higher than consensus first quarter earnings and raised fiscal year guidance Technical comment: General Mills currently has a positive technical profile. Intermediate trend is up. The stock trades above its 50 and 200 day moving averages. However, strength relative to the S&P 500 Index [...]

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