S and P Chart Healthy and Congested

S and P 500 Cash, Chart, March 26.

This S and P chart continues to show that technical resilience is building. The S and P is still in a range expansion and this indicates that volatility could pick up at any time. The red line (plus two standard deviations) is sloping up and the market is continuing to hug the line. All short term positives.

The other day we mentioned that there was considerable resistance and congestion in the 825 area. The market continues trying to attack this area. There is more upside potential on a short term basis then we had a few days ago, now up to the 850 area. Good support is down around 750 and is rising.

Bulls should be a bit cautious right now. If the market can't get firmly through 825 soon, the market might be ripe for a further test of the downside to establish support.

Short term still looks good to me.

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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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A Tale of Two Stocks Intel and Apple

From time to time I like to go back and take a historical look at stocks. I am thinking about buying some Intel. I also decided to look at Apple.

If you look at the Intel chart below you will notice it was trading in the $15 a share area back in 2002 (after a high around $75).

At the same time in 2002, Apple was trading around $8 a share.

So where are they now? Intel is trading around $13 a share, and Apple is trading around $90 a a share.

I guess this shows that if you buy good stocks you'll make money in the markets (unless you bought Apple at $200).

Which is the better buy right now Intel or Apple?

clipped from charts.barchart.com clipped from charts.barchart.com

15 Great Stocks From the Great Depression

I ran across this interesting article. It includes the 50 best performing stocks from 1932 to 1954 by cumulative total return. Lately, I find myself thinking we are near one of the greatest investing opportunities of a lifetime. There is little doubt in my mind that once the market capitulates there will be some stocks you can buy, own them for twenty years, and make a future. I am also thinking hard about which international stocks will be big winners of the future. China?

I also want to remind people that the final big lows in the depression market were not made in 1929 but in 1932. The Dow did not regain its pre-crash level until 1954. Same story in the period from 1966-1982. Does this mean we are in for 20 years of sideways action in the market?

Can you make money after the final capitulation in a bear market? Check this out.

Electric Boat: Unsinkable Submarine Maker

Cumulative Total Return 1932 to 1954: 55,000% (Rank in Top 50: 1)
Where is it now? A unit of General Dynamics (GD)

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Read on and enjoy.

15 Great Stocks From the Great Depression