• Learning Area

  • Where Do I Start?
  • Why the S&P 500?
  • Using Technical Analysis
  • Quality Over Quantity
  • Cutting Your Losses
  • Breaking Through Resistance
  • Spotting Trend Reversals
  • Volume Confirmation
  • Using the P/E
  • Look at the Big Picture
  • Terminology
  • Buy Stuff From Amazon

• Categories

  • Site News
  • Broader Market
  • Growth
  • Value
  • Swing Trades
  • Educational
  • Bearish
  • Bullish
  • Terminology
  • Arbitrage
  • Automated Trader

• Recommended Reading

  • How To Make Money In Stocks
  • One Up On Wall Street
  • Technical Analysis of the Financial Markets
  • Options as a Strategic Investment

• Subscribe

  • RSS Feed
  
  
  

• Other

  • < ? Market Blogs £ >
  • Blogarama

Stock Market Analysis - 07-16-2008

The bounce came today just as were starting to think the drop would never end.  Wells Fargo turned in a quarter that was above expectations to turn the financial sector around.  While good, there wasn’t as much volume support as you would like to see in a true turn around.  Hopefully this bounce will extend a little further so that we can have a low risk entry point to short aggressively again.

Comments

• Recent Stocks

  • US Dollar Index ($USD) - 08-13-2008
  • Akamai Technologies (AKAM) - 07-30-2008
  • Wabtec (WAB) - 07-22-2008
  • Alpha Natural Resources (ANR) - 06-24-2008
  • Berry Petroleum (BRY) - 06-17-2008
  • Oil Getting Frothy?
  • Badger Meter (BMI) - 05-22-2008
  • NVE Corp (NVEC) - 05-21-2008
  • First Solar (FSLR) - 05-07-2008
  • Hub Group (HUBG) - 04-09-2008
  • Barrick Gold (ABX) - 04-02-2008
  • Coach (COH) - 03-24-2008

• Sponsored Links