Professor’s Comments September 6, 2013
Posted by OMS at September 6th, 2013
The Professor is off for the day and asked that I list the high lights as we all wait for the morning reporting.
The Dow rose 7 points, closing at 14,937. It had 1,451 advances with 1,624 declines along with 93 new highs and 50 new lows.
There isn’t much else to report while we wait to see the BLS monthly jobs report for August due out later this morning. The news pundits are all talking about various economic data showing signs of possible improvement so we will wait to see the actual figures and what the Fed decides to do.
So I will be waiting and watching with everyone else.
Dave
| Market Signals for 09-06-2013 |
|
|---|---|
| DMI (DIA) | NEG |
| DMI (QQQ) | POS |
| COACH (DIA) | NEG |
| COACH (QQQ) | NEG |
| A/D OSC | SM CHG |
| DEANs LIST | NEG |
Not sure of the terminology we use? Check out these articles
The Hockey Stick Pattern
The Creation of Waves and Trends
FAQ
All of the commentary expressed in this site and any attachments are opinions of the author, subject to change, and provided for educational purposes only. Nothing in this commentary or any attachments should be considered as trading advice. Trading any financial instrument is RISKY and may result in loss of capital including loss of principal. Past performance is not indicative of future results. Always understand the RISK before you trade.
Category: Professor's Comments