Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 1/7/12

Daily Reading on the Financial Markets: 1/7/12

Tony Pallotta at Macrostory provides a full technical update, and sees a rising (bearish) wedge in the S&P, rather than a breakout.

Doug Short at Advisor Perspectives updates the ECRI’s Weekly Leading Index which broke from its recent narrow range to push lower, coming in at -8.2 for the week ending December 30th.

Cam Hui at Humble Student of the Markets believes equities may be nearing a short-term top, unless it is about to forge a significant breakout.

David Alton Clark makes a case that I’m on board with – Apple may have “jumped the shark.”

At Minyanville, Jason Haver looks at some possible Elliot Wave counts for the S&P, showing some room on the upside but much downside to come thereafter.

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  1. pezhead9000
    January 7, 2012 at 9:45 am

    Very helpful – thanks.

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