SPX Ranges for Tuesday - Be safe over the long weekend

Slow firm up on slow trade - XLE SPX

Crawl to 897 res

Recent Performance of Key ETFs

For those interested in a quick snapshot of how various ETFs across all asset classes have performed recently, below we highlight their 1-day, 5-day, and 1-month performance. As far as equities go, there was lots of red today, but there's still lots of green over the last month.

SPX 880 holds...close to a trend change if it can't - XLE USO XLU XLF study material

SPX 881, 870 next support

Troubling megaphone set up

SPX testing 880 - 884 support

XLE Set up for ERX ERY trades

USO Island reversal today testing fresh support

Uglyness PM - SPX - 10

Date TimeRelease Impact For Actual Expected Prior
May 21 8:30 AM Initial Claims 05/16 631K 625K 643K

Little FOMC Breakdown - SPX ranges for thursday - XLF USO XLU to study

Now that the Bear Trap was set last week, we are in the process of setting the bull trap - 960 ish top and we may be done on the Upside

Nice breakout on USO - Oil report due in 30 min 34.19 lvl to watch

Monetary & fiscal stat comparisons, 1929 and now

Monetary & fiscal stat comparisons, 1929 and now

Imaginary Green Shoots of Economic Recovery Based on Manipulated Statistics

The so-called ‘Green Shoots’ have been trampled by people walking to their Unemployment Insurance Offices to collect jobless claims in order to pay their bills. The so-called ‘Green Shoots’ have been trampled been people walking (or running) away from their homes as they are being foreclosed. The so-called ‘Green Shoots’ will continue to suffer from most water and nutrients heading to the Elite Gardens, diverted from those on Main Street. The so-called ‘Green Shoots’ have been killed off by a stubborn frost from the US Economy. A prevailing sentiment and motivation has sadly and perversely entered into the public and financial sectors, with clear deceptive intention.

SLOW Churn today - SPX Ranges for Wednesday - USO XLU XLF charts to ponder

Long SPX and short above 930 looks like the trade..XLF ditto FAS up 20%

Wait, Why Are We Bailing Out GM And Letting Them Ship Jobs Overseas?

Wait, Why Are We Bailing Out GM And Letting Them Ship Jobs Overseas? (GM)
Joe Weisenthal|May. 18, 2009, 2:07 PM|comment7

I am winding this blog down to a couple of posts a day (end of day).

No feedback on the houly updates from visitors, so I will be just trading. Send questions to my email GMMAX2205@yahoo.com. I will post position trades only until otherwise noted.

Please use Estimator's link to the left for updates, he has been engrossed in work lately and will update his blog when he can.

Nice doubles and triples there Estimator. I am going to remove the box for you till you get back with us.

SPX trend line break...India up 17%