Oct 21
SanDisk, Northern Trust, Canadian National Railways, Gold, U.S. equity markets: Technical Comments on Equities in Today’s News
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David Rosenberg raises concerns about U.S. equity markets following yesterday’s technical action.
FP Trading Desk link:
http://network.nationalpost.com/np/blogs/tradingdesk/archive/2009/10/21/high-volume-selloffs-a-concern-rosenberg.aspx
Technical comment on S&P 500 stocks: Interesting technical trading activity in U.S. equities this morning by stocks influenced by release of third quarter earnings reports. Selected stocks involved with “blow out” earnings have responded favourably. Best example is SanDisk Corp. (NASDAQ:SNDK) [...]
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