Posts Tagged ‘stated-data’
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, 04/23/2010
Last report we stated data indicated "a greater potential for market weakness moving forward." The morning after that report was released the Dow was at 11,020. The market closed today 97 points higher at 11,117. Once again, not the market weakness expected, but certainly not 'real' market strength. The investor confidence reading dropped 3.2% to 47.3%. This continues an overbought trend, and continues to indicate a greater potential for market weakness moving forward. Read the rest of this entry »
WhisperNumber.com Outlier Report, 04/16/2010
Last report we stated data indicated "a greater potential for market weakness moving forward." The morning after that report was released the Dow was at 10,972. The market closed today 47 points higher at 11,019 (we also stated in last report "the market may continue to see limited strength short term"). Not the market weakness expected, but certainly not a sign of market strength. Read the rest of this entry »
WhisperNumber.com Outlier Report, 04/02/2010
Last report we stated data indicated "a greater potential for market weakness moving forward." The morning after that report was released the Dow was at 10,787. The market closed today 108 points higher at 10,895. The market saw weakness (as expected) for much of the past week, with strength seen just in today's trading. There were some strong price swings during the two day survey period, with the Dow seeing a high of 10,985. The investor confidence reading moved 8.5% higher to 48.2%. Read the rest of this entry »