Posts Tagged ‘weakness-moving’
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, 04/02/2010
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 »