Bears Ready To Take Charge!
market-pulse Newsletter
Market Pulse Report
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MP`s Market Commentary
Is the Dow ready for a breakout to the downside From a technical perspective in today`s trading the Dow is below its November 1st lows of 11,630. The topping process was complicated and complex. The Dow has tops in November on the 8th, 11th and the 15th. Unless the bulls can get the Dow back above 12,200 we are in trouble. The 3rd quarter earnings season for most company`s were pretty good. The problem is the European debt crisis is to much to handle. I look for the Dow`s October 4th lows to be tested and broken. If you are interested in our services call us at 1-800-290-8935 for your special rate to try us out. On Monday, U.S. stocks tumbled. concerns about heavy debt loads both in the United States and Europe heightened worry about recession and increased volatility. The Dow Jones industrial average was down 294.11 points, or 2.49 percent, at 11,502.05. The Standard & Poor`s 500 Index was down 26.96 points, or 2.22 percent, at 1,188.69. The Nasdaq Composite Index was down 58.13 points, or 2.26 percent, at 2,514.37. The Russell 2000 which tracks small cap stocks plummeted 17 points to 701. View more market information at market-pulse.com
MP`s Hot Stock Picks
Stock Pick Meanings
These stock picks are the investment opinions of MP`s editor and reflect MP`s belief regarding the potential price movement over the next one to four weeks of trading of each of the stocks presented. This analysis is done from a technical and fundamental perspective. MP rates them as follows:
Ford Motor Company (NYSE: F): Bearish.
Intel Corporation (Nasdaq: INTC) Bearish.
MicroSoft Corporation (Nasdaq: FT”>MSFT): Bearish.
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In this issue · MP`s Market Commentary · MP`s Hot Stock Picks · Ford Motor Corporation (NYSE: F): – Bearish . · Intel Corporation (Nasdaq: INTC) : – Bearish. · MicroSoft Corporation (Nasdaq: FT”>MSFT): – Bearish.
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