Too close to market bottom 2002.

After several retesting of October's low broad US indices crossed below their support. Selling pressure sent indices sharply down. And where is the next technical support? We are close to the next...

Trading on support lines.

Major broad US indices are traded today on support line. The picture is similar for Nasdaq Comp, Dow Jones Industrial Average and S&P 500. The lowest recent lows formed on 27th October have been...

Two opportunities to protect against Caterpillar.

Unlike other stocks, falling since the beginning of the year, Caterpillar (CAT) kept its growing trend line till June 2008. As a company gets 60% revenue outside of North America stocks had been...

Investors poll - 700 bln bail out plan.

Our 1 month research is over. I would like to thank you all of you voting in the poll "Will 700 bln bail out plan help to recover?". Based on the results there are 25% believers voting "yes". The...

Stock markets rebound with bullish divergence.

The picture above shows 6 months chart of S&P 500 (SPX). Buying appetite is pushing indexes up. There are not positive news on street today. Consumer confidence worst in decades. But this market...