• 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 - 07-18-2008

Friday was a day where the indexes greatly diverged.  Led by GOOG and MSFT, techs tumbled across the board taking the Nasdaq down while the S&P 500 and Dow were mainly unphased.  We’ve surpassed one of the lower highs, but we’ll have to start setting higher lows for it to mean anything.  That means I’m ready to short on the next downswing, but a quick bounce before 125 will be the signal to wait longer.

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