Listed below are interesting points found in the articles that I have read in the past week:
- For the past 14 bear markets—ranging from gold to US stocks — when markets dipped more than 40 percent, the average rally off the lows was about 72 percent. Since the Dow is up only about 45 percent and the S&P about 52 percent, the market still has a lot of room to the upside.
- Dow and S&P 500 hitting their highest levels in over a year as investors extended a seven-month rally.
- It's inevitable that we'll see more pullbacks, but even a bigger selloff would probably just serve to bring in more buyers. There is still enough skepticism about the rally and enough cash waiting to be invested to fuel more gains.
- The Federal Reserve Chairman said Thursday night that while interest rates will stay low for a while, the Fed will have to start boosting rates as the recovery picks up, in order to fight off the threat of inflation.
- HSI has surged above the upper Red trendline, and is just 430 off the recent high.
- Dow has closed at 9864 - the highest close since the bottom, and is just 53 off the recent high.








1 comments
Both Dow and HSI has tested recent high. Need confirmation for a successful breakout :)
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