Weekly Chart Review
The problems last week started in the currency markets. A surge in the Yen is what set the Dow collapse in motion Thursday: A surge in the Yen preceded the drop in stocks. The Canadian dollar took a...
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The S&P regained the 200 day MA but there is resistance just overhead at the 50 day MA and again at 1150. We may have put in a bottom but a sustained up move will have to wait. The Euro rallied...
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President Obama may not like "austerity" but the currency market doesn't seem upset. The British Pound looks like it may have made at least a temporary bottom. The Canadians are hosting the G-20...
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