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Fed Week + The Holy Grail

Published on January 22, 2012 By admin

Once again, we come upon Fed week.  This used to be a big event for the markets but once the Fed buried the interest rates at artificially low levels and held them there, it has been pretty dull for traders.  Expect more of the same with this weeks announcement.  This day will become prominent again [...]

The Dow, Dollar, Goldman and Gold

Published on June 26, 2011 By admin

We cleared Fed week last week without exceeding the prior weeks low in the Dow.  The stock of Goldman Sachs, however, did not fare as well as it is approaching its 52 week low.  We need to keep a good eye on Goldman and the bank stocks to see if they begin to break down [...]