Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Citigroup News Helps Extend Oversold Rally
RevShark - 11.24.08 11:29pm

Certainly the notion that what had been the country’s largest bank by market cap needed yet another capital injection suggests that, despite all of their efforts, the government still hasn’t been able to get banks on a more solid footing.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Final Hour Reflexive Rally Takes Market Off Lows
RevShark - 11.23.08 09:04pm

Towards the end of the week, it became very obviously that market players were beginning to expect some sort of forced sale or bailout. As a result, it’s not too surprising to hear talks this weekend about a possible bailout for C.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

S&P 500 Moves to Fresh 11 Year Lows
RevShark - 11.20.08 11:49pm

There's plenty of blame to go around, but individual invesotrs need to remain focused on the pricing action.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Stocks Hit Multi-Year Lows
RevShark - 11.19.08 11:58pm

Traditional Wall Street would have us push our precious capital into stocks that are going down, regardless of how ridiculous that idea really sounds when you stop and think about it.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Volatile Session Yields Modest Gains
RevShark - 11.18.08 11:10pm

We suspect that investors can only take so much of the averages threatening to fall to fresh lows before they simply give up and stop fighting the inevitable.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Market At Key Support Levels
RevShark - 11.17.08 08:53pm

Although the both the Dow and the S&P 500 were able to hold both short-term and intermediate lateral support levels, they did so by the skin of their teeth, while the Nasdaq closed at fresh five year lows as another dour day for the market erased what remained of last Thursday’s gains.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Market Gives Back Some Ground
RevShark - 11.16.08 11:19pm

Despite the fact that the major indices limped into the weekend having given back a decent sized chunk of the previous day’s gains, the technical picture remained much improved at the end of Friday’s trading session – even if the action between the bells was not for the faint of heart.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Late Rally Sparks 10% Turnaround
RevShark - 11.13.08 10:53pm

If the bulls had the opportunity to write the script for Thursday’s trading session, we doubt it would be much different than what actually occurred, as the major indices experienced the sort of reflexive rally that has been brewing for more than a week finally kicked in, but only after the indices fell to fresh five-year lows.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

More Selling Sned Market Back to October Lows
RevShark - 11.12.08 11:47pm

It was another day of miserable action for the market as the selling pressure that’s persisted now for more than a week sent the Dow and the S&P 500 back to the lows from last month and the Nasdaq to its worst levels in over five years.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Selling Pressures Continue
RevShark - 11.11.08 10:10pm

A late spurt of buying did help the indices close off those lows, but when it was all said and done, they ended the day with losses of 2.14%, on average.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Market Kicks Off New Week With a Loss
RevShark - 11.10.08 11:42pm

Although the major indices were able to hold above last week’s lows, the action between the bells on Monday was far from inspiring.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Oversold Conditions Produce Rebound
RevShark - 11.09.08 08:31pm

We are at least in a position where the averages can put in their first higher low, but up to this point, the market has failed to make any real technical progress over the past few weeks.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Selling Continues For A Second Day
RevShark - 11.06.08 11:18pm

Stocks turned sharply lower on Thursday as the selling pressures which began after last week’s rally on decreasing volume left the market extended and bumping up against overhead resistance continued unabated.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Market Pulls Back After Strong Run
RevShark - 11.05.08 10:20pm

After a week of solid gains which, the market was primed for a pullback, and that’s exactly what we saw during Wednesday’s trading session.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Market Rallies Into Election
RevShark - 11.04.08 10:15pm

The major indices surged higher during Tuesday’s trading sessions as U.S. voters headed to the polls to elect their next President.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Market Takes a Break From Huge Swings
RevShark - 11.03.08 11:01pm

For the first time in what seemed like ages, the market spent its time between the bells in what was, even under “normal” market conditions, a relatively narrow trading range.
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Free Newsletter: Stalking Stocks with the Shark

Free Newsletter: Stalking Stocks with the Shark

Market Closes Out the Week on a High Note
RevShark - 11.02.08 02:48pm

There have been some encouraging technical developments, but even though it does look like the major indices have received some support at recent lows, that’s no reason to go start jumping in willy-nilly.
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