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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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Sep 28

Ford Motor Co, Kraft Foods Inc, Eli Lilly – By The Numbers

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By The Numbers
Things are definitely looking up!   Out of the 555 stocks analyzed across the S&P 500 and the TSE 60, 516 advanced, 36 declined and 3 were stubborn and remained in the same spot in which they opened.   The result of that is 472 stocks are now above their 50-Day Moving Average and 526 [...]

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