Friday demonstrated a major pull back in the markets with the Dow finishing down a scant more than 208 points. While significant, the pull back did not result in a change of market posture. $tockMarketDirection still maintains a bullish posture.
This past week, several companies reported extremely good earnings causing the stocks to appreciate in value. There will be several companies reporting earnings this week as well. Many of the companies reporting really good numbers were from the retail sector.
This past week, several companies reported extremely good earnings causing the stocks to appreciate in value. There will be several companies reporting earnings this week as well. Many of the companies reporting really good numbers were from the retail sector.
Reports this week include: construction spending (6/3), initial claims (6/6) and non-farm payrolls and unemployment rate (6/7).
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We appreciate the patronage of our many followers and it is our mission to help you achieve your investing goals. We ask that you please take a moment to complete the very short survey located on the right side of the screen. We value your input and feedback as it will be beneficial in ensuring we are providing value through our service and meeting your needs. So we would greatly appreciate it if you would please take a moment to complete the survey. Thank you in advance.
$tockMarketDirection is in a Bullish Posture. We strongly encourage our many bloggers/followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bullish posture. Cha-ching.
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