The SPX is sitting right on 1100 - will we see bulls step up and try to support it here?
Keep an eye on Citigroup as it tests the waters below the support zone we
JP Morgan is blaming part of their poor earnings results on being on the wrong side of the bond market. Last week I discussed the bond market as an example of the perils of the "obvious" trade....
Last night I mentioned that Electronic Arts (ERTS) disappointed expectations and that 70 percent of the analysts tracked by Zacks rated the stock as a "buy". I also want to note that earlier this year the stock saw a good deal of anecdotal optimism that was noted in Schaeffer's Daily Contrarian
The difference between the environment now and when these articles were posted is that ERTS is now showing signs of breaking down on a chart. I think that this is a situation to be cautious on...
Gold has continued to strengthen this morning and is now peaking above the peak from earlier this month...
9 Levels to Watch for Apple Inc.
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