Market Talk / Jun. 28th - Jul. 4th

[Spaf]

Market Talk
Monday
June 29, 2009​

General Commentary:

Short week, but full of economic news. The June month has shown some investor hesitation, and it has the end of quarter window dressing by portfolio managers. Key areas to watch for this week will be housing, manufacturing and employment.

A look at the chart(s)
The S&P500 [$SPX] Dailey
Large Caps

Charts courtesy of www.StockCharts.com​

The S&P remains trading above the 50 and 200 day moving averages.

The SAR has been some 9 days bearish in it's signal.

Volume has been on the low side.

The STO is rising to a rather neutral area.

The MACD remains positive but is tracking bearish..

Well, that's it for the weekend!​

Be careful out there!

 

[Spaf]

Well, what a trip!

Sorry, but I didn't realize that this would be last copy of weekly Market Talk that I would be able to post on a regular basis.

I don't know how many folks were following the weekend tally, but it was sort of fun to summarize the week gone by.

Anyway, have fun out there and be careful!.......Spaf......

 

[Birchtree]

I don't want to hear that your trip is winding down. You will always be a hero - you know what I mean.