CandleWave – Action Suggestions Touch-Up for Friday, December 31, 2010 The Indexes The Dow Industrials closed Down 15.59; the S&P 500 Down 1.90; the NASDAQs, the NYSE Composite, and the S&P 600 SmallCaps all closed Down. The Transports and the S&P 400 MidCaps each eked out a small gain. It appears likely that the market ...…
CandleWave – Action Suggestions for Tuesday, December 28, 2010 The Indexes We did not expect much in the way of drama from the stock market today. As of 1 PM (as this part is being written) the New York airports are closed and the Long Island Rail Road is not operating. It will take time ...…
CandleWave’s Action Suggestions for Thursday, December 23, 2010 A. The Indexes Dear Friends, I know that the continuing advances in the various Indexes have you scratching your heads and are stretching my credibility. This is especially so when the huge preponderance of economists, other commentators, and talking heads are touting the probability of a really ...…
CandleWave – Action Suggestions Touch-Up for Wednesday, December 22, 2010 The Indexes The final small waves in the stock Indexes which we customarily follow continue to unfold. This is sheer speculation now, “pushing the envelope” very hard. It is interesting to note the time lag between the instant rush upon the opening of the market ...…
CandleWave – Action Suggestions for Monday, December 20, 2010 The Indexes The Indexes were all over the lot today. The Dow Industrials, once again, did not beat Wednesday’s High, and closed lower than yesterday in the face of very high volume. The S&P 500 did not make a new High, but closed slightly higher. The ...…
CandleWave – Action Suggestions for Thursday, December 16, 2010 The Indexes All of the stock Indexes which we follow closed Down today. I think it is highly probable, almost to the point of vanishing, that the market has turned; and that the Great Rally of 2009-2010, which was a countertrend correction, has ended. Measurements of ...…
CandleWave – Action Suggestions Touch-Up for Wednesday, December 15, 2010 The Indexes The Industrials are playing a little game of “catch-up,” gaining 48 points on the day. The S&P 500 closed Up 1.13 points. The NASDAQ Composite closed Up less than 3 points. The S&P 600 and 400 and the Russell 2000 were Down less ...…
CandleWave – Action Suggestions for Monday, December 13, 2010 The Indexes Today, the Dow Industrials Index rose 40 points, but in doing so it just barely beat yesterday’s High and didn’t come close to beating Tuesday’s High, let alone the November 5 High. The NYSE Composite did not beat Tuesday’s High, either. On the other ...…
CandleWave – Investment Newsletter – Sunday, December 5, 2010 From the time of its formation, General Electric has been a manufacturer. It has made things that people and industry use, from light bulbs to toasters to washing machines to medical imaging machines to Diesel-electric locomotives to turbine electrical generators to jet engines. Its long-time chief, ...…
CandleWave – Action Suggestions for Thursday, December 2, 2010 1. The Indexes The blue chips and the Dow Transports moved up strongly today; the NASDAQs less so. The Transports, the S&P 600 SmallCaps, the S&P 400 MidCaps, and the Russell 2000 all made new Highs and Closing Highs. That could be the end of it, ...…