Daily Reading on the Financial Markets: 10/31/11
Chris Kimble notes that the Euro has hit some trendline resistance.
Cullen Roche PragCap notes that 94% of the S&P is trading above its 50 day MA… can you say “overbought”?
Jeff Harding at the Daily Capitalist insists the the Q3 GDP is a headfake.
In the name of giving alternate views voice, Alan Brochenstein at Seeking Alpha thinks the market is a “rocket” ready for take-off.