All Entries Tagged With: "earnings"
Earnings: Is That REALLY What’s Driving The DJIA Higher?
The idea of earnings driving the broad stock market is a myth. By Vadim Pokhlebkin It’s corporate earnings season again, and everywhere you turn, analysts talk about the influence of earnings on the broad stock market: US Stocks Surge On Data, 3Q Earnings From JPMorgan, Intel (Wall Street Journal) Stocks Open Down on J&J Earnings [...]
$SPY Elliott Wave Update for Monday 7/13/2009
I revised the wave count slightly which gives the recent C wave a little bit more room to rise. My main reason for doing so is because it appears we are tracing out a 3-3-5 corrective flat which is always countertrend meaning the next big move should be five waves to the downside. Goldman Sachs [...]






