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Stock Market Indexes Reach Resistance Level and Stock Price Improvement Stalls

Wednesday, March 26th, 2008

Stock market indexes reached a well established resistance level today and stock prices retreated somewhat on relatively quiet trading. 

A weaker-than-expected drop in orders of big-ticket items didn’t help stock prices.  But at least that snippet of economic news didn’t cause a complete route of the stock market indexes like it might have done a week […]

Is The Stock Market Forming a Double Bottom? - Or Is It A Bear Trap For Unwary Investors?

Wednesday, March 12th, 2008

With the recent huge one day runup in the stock market indexes and the retest of the January lows clearly underway there is a lot of talk about stock prices forming a double bottom.

Technical analysis is a mixture of art and a science, which makes it subjective and open to interpretation.  So a correct interpretation […]