Sunday, October 5, 2008


***Asia Dropped 3-5%. U.S. futures are down 1.5%***

Update: Commentary will be up in a few hours

Hi. This week's commentary will be up later on. If you haven't done so, sign up in the green box to the left. If you don't know what the commentary is, then you can download the past commentaries in PDF to left as well. Thanks!

THIS WEEK’S ISSUE (tentative):

  • In-Play: The Battle for Wachovia (WB)
  • Market Commentary: S&P 500 ($SPX), NASDAQ ($COMP)
  • Update: Russell 2000 Small-cap Index ($RUT)
  • Update: NYSE/NASDAQ/AMEX New-Highs/New-Lows Index, CBOE Volatility Index (VIX)
  • Currencies: U.S. Dollar Index ($USD), Euro Index ($XEU)
  • Commodities: Crude Oil ($WTIC), Gold ($GOLD)
  • This Week’s Economic & Earnings Reports

In the meantime, try out the Free Trend Analysis. It's FREE, so give it a shot!


Anonymous said...

Hi manny here, i asked about GS thanks for response. Stock neutral being traded though based on certain prices and how sector doing ? we are at take care

John C. Lee said...

The sector is also neutral, but many of the smaller financials look poised to drop imminently. Wait for a confirmation of direction for a trade in the direction of the breakout/breakdown.