Watchlist for October 31, 2008

The indices had a good day yesterday but none of them has yet to surpass the highs put in around October 20th. The futures are a little weak right now but some backing & filling might actually be healthy. It would be nice for the bulls if they could keep the indices above their downrad [...]

Watchlist for October 30, 2008

The market’s reversing yesterday’s late selloff. Let’s see if the bulls can push the indices above yesterday’s highs and start to leave those September trendlines in the dust. On Today’s Calendar: nothing More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential swing trades:

October 29, 2008 Stock Market Recap

It’s usually a pretty safe bet that we’ll get wild swings after Fed decision but we got a little extra today. An apparently bogus report on GE’s 2009 outlook threw the market into a nose dive in the last 15 minutes of a day. That late selloff turned what was looking like some pretty good [...]

Watchlist for October 29, 2008

The futures are basically flat this morning but today’s all about the Federal Reserve and the reaction to their interest rate decision at 2:15. On Today’s Calendar: 10:35 — Crude Inventories 2:15 — FOMC Policy Statement More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential swing trades:

October 28, 2008 Stock Market Recap

We got another one of those vicious bear market rallies today. This one felt a lot like the one we had on October 13th. At the time it seemed like a game changing move but we know what happened to that rally. So once again we’re looking a a good start that needs some follow-through. [...]