Archive for December, 2007

Market Overview: 12/13

The market continues to stay in a rocky state even after the Fed decision to cut interest rates by $0.25.  We’re on the fence for a move in either direction, but it’s too difficulty to argue which way the ball will roll.

RSI hovers at the 50 level (neutral)
Price hovers at the 50-day and 200-day moving […]

Stock Market Overview - December 5, 2007

 Market has been shaky for the last few months, but overall the market still looks healthy. The technicals look good, as seen in the chart below.

RSI indicator sloping up and crossing the 50 mark is bullish.
MACD crossover indicates a change in trend from the downswing, which is bullish.
Price is currently testing the 200-day moving average […]

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