|
Reaching New Heights: |
|
| Oct 12, 2009 03:12 PM UTC |
|
Analyst
|
Via The Correct Call:
Our technical analysis and trend analysis have similar looks. The indexes are sitting on resistance levels and according to our analysis, should move up. The Dow Jones Industrials have traded within a range on the rise. If recent history holds, we should see the Dow move closer to our near-term target of 10500. For the S&P 500, 1150 to 1200 looks to be the bulls-eye and the NASDAQ could move to 2200 at the low end. Earnings will be the tonic the indexes need to meet our projections. Third quarter earnings shift into full gear this week and S&P’s Sam Stovall says to expect earnings to surprise to the upside. Some household name companies are set to report this week, especially in the
financial and technology sectors: 
Read the rest of original post »
|
Be the first to comment on this story and earn 2 points.
|
|
IN THE PRESS |
|
|
|
|
|
|
| About | RSS | Feedback | Contact Us | Terms of Service | Privacy |
© 2009 FinancialContent Services, Inc. |
|
Data powered by FinancialContent. All Rights Reserved. Quotes delayed at least 20 minutes unless otherwise indicated. |
|
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. |
