Posts Tagged ‘points-lower’
WhisperNumber.com Outlier Report, 05/24/2010
Last report we stated that "we'll look for a negative market moving forward as investors take a 'wait and see' approach." The morning after that report was released the Dow was at 10,780. The market closed today 269 points lower at 10,511. The market fell for most of the past week as expected. The investor confidence reading moved 13.3% higher to 41.4%. This reading indicates investor uncertainty and, although there is a potential for a limited spike, we'll continue to look for market weakness moving forward. Read the rest of this entry »
WhisperNumber.com Outlier Report, 05/05/2010
Last report we stated data "now indicates a flat or neutral market moving forward." The morning after that report was released the Dow was at 11,204. The market closed today 277 points lower at 10,927. The market did remain range bound (between 10,991 and 11,167) for most of the week, realizing a strong negative move in yesterdays trading. The investor confidence reading, having been run last week on Thursday and Friday, moved 3.2% higher to 50.8%. (If that survey was run today we (more than likely) would have seen investor confidence drop. We'll need to go back to our 4/2 reading indicating investor over-confidence (overbought market) as this may been 'the' sign of yesterday's market correction (if it can be called that.) Without clear direction in the recent data we'll remain side-lined and continue to look for a flat or neutral market moving forward. Read the rest of this entry »
WhisperNumber.com Outlier Report, 02/11/2010
Last report we stated that "we'll look for market weakness to continue moving forward." The morning after that report was released the Dow was at 10,186. The market closed today 278 points lower at 9,908. Over the past week the market saw nothing but weakness. The investor confidence reading, however, did not react as expected to the market weakness and moved 4.8% higher to 32.5%. Read the rest of this entry »
WhisperNumber.com Outlier Report, 02/02/2010
Last report we stated that "we'll look for market weakness to continue moving forward." The morning after that report was released the Dow was at 10,194. The market closed today nine points lower at 10,185. Over the past week the market saw some fluctuation but overall ended neutral. The investor confidence reading reacted to the market weakness seen late last week and moved a strong 13.1% lower to 27.7%. This reading continues the current overbought trend and we'll look for market weakness to continue moving forward. Read the rest of this entry »