Archive for July, 2010

What now?

Icon Written by d_walter on July 30, 2010 – 07:50

We bottomed out at the end of June and since the markets have rebounded nicely. I’m bullish through the end of the year primarily because of the “easy money” policy of the Federal Reserve. The economy has slowed, but at the same time corporate America is reporting increasing profits and there seems to [...]



Bottom most like made

Icon Written by d_walter on July 9, 2010 – 09:55

The markets reached extreme oversold levels last and now we’ve had a pretty decent rebound. The question of course, is this the beginning of a new up leg in the bull market or is it just another fake out in a new bear market. The prior I think. However, we won’t know [...]



Euro strong and approaching May levels

Icon Written by d_walter on July 1, 2010 – 08:51

The correlation between the strength or weakness of global markets and the Euro has been well documented. Throughout this market correction since the end of April, the Euro has been heading down. Over the last couple of weeks, it has found support and it now appears to be breaking upwards through the levels [...]