• 748 days Will The ECB Continue To Hike Rates?
  • 748 days Forbes: Aramco Remains Largest Company In The Middle East
  • 750 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,150 days Could Crypto Overtake Traditional Investment?
  • 1,154 days Americans Still Quitting Jobs At Record Pace
  • 1,156 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,159 days Is The Dollar Too Strong?
  • 1,160 days Big Tech Disappoints Investors on Earnings Calls
  • 1,161 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,162 days China Is Quietly Trying To Distance Itself From Russia
  • 1,163 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,166 days Crypto Investors Won Big In 2021
  • 1,167 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,168 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,170 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,170 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,173 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,174 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,174 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,176 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

SP500 Review

S&P500 Review

The SP500 has been moving sideways for several weeks, is the pattern re distribution that will be followed by a deathly plunge down to 1000, or is it accumulation and a strong new rally will emerge.

As of today (before Euro Tarp) it still very very bearish, there has been NO signs of strength. No serious buying is occurring. Any punch up in price is just short covering (or automatic rally) to bank profits.

Don't you get the feeling that the big boys expect lower prices in Oct 2011, and are not really interested until SPY 100 or SP500 1000 is printed.

SPY

 

Back to homepage

Leave a comment

Leave a comment