Monday, August 29, 2011
First Break Over 20 Day Moving Average in a Month... And a Return to Highs of 2 Weeks Ago on the S&P 500
With today's gap up and run, the S&P 500 is now over the 20 day moving average for the first time in just over a month. It is also right at those highs from 2 weeks ago. Thus far the Bernanke is sipping some wine and saying 'I love it when a plan comes together'.
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Best Of FMMF
- Blogroll
- 1: Warren Buffet Piles on Europe
- 2: [Video] Jim Chanos Returns from Europe, Even More Bearish on China
- 3: A Chart to Open Our Eyes - Staggering Changes by Multinationals in Employment Behavior 00s vs 90s
- 4: Futures Blasted on Dexia Woes... and Poor Preliminary China Data
- 5: Market Working to Worst Thanksgiving Since 1932
- 6: Et Tu, German Bonds? Poor Auction Raises Eyebrows