Monday, May 14, 2012
The Morning Call + Subscriber Alert + What unity in Israel likely means
Monday Morning Chartology
The question for the S&P right now is, will be break 1338 and probe for a lower, lower boundary or will it break the very short term down trend and lend strength to 1338 as the new lower boundary?
GLD broke the 154.10 level Friday. Our time and distance discipline kicks in; but since there is a trading component to this position, our Portfolios will reduce their GLD holdings to 4-5% at the Market open this morning. The lower boundary of its intermediate trading range is at 148.20.
The VIX remains in a trading range.
Update on ‘the best stock market indicator ever’ (short):
The estimated cost of Greece leaving the euro (medium):
This Week’s Data
A positive take on the latest budget deficit (short):
What’s different globally this time (short):
Monday Morning Wake Up (3 minute video):
International War Against Radical Islam
Israel unites (medium):
Strategic Stock Investments is to help other investors build wealth and benefit from the investing lessons he learned the hard way.