Site Links
Free Web Submission
e mail us
BA: Had broken down and was looking weaker than some of the  other index stocks found support at 48 and began to move back up.  It broke through the trendline near  51 and has moved back to that price.  It had attempted twice to move through 54 but price was rejected there both times.   Although its trend is still moving up it is getting sloppy and upside conviction is tepid right now. 
BAC:  Stock appears it has been going through some distribution for several months now.  It had support in the 16 range but broke through that recently to 14 and is now
technically looking weaker than many others that ran up during July and August.  Some have made new tops recently but this issue broke down indicating lack of buying interest at higher levels.  This stock is at its MA of 25 and 50 and should give indication of future direction this week. 

HPQ:  This stock has been just tremendous.  Its uptrend has been maintained well and all its recent pullbacks have been high and tight with very little downtrend attached to it.  That will change eventually but the overall characteristic still seems to apply.  Of course we should watch carefully its price action for change in behavior, but for now continues to be an outstanding performer. 
CSCO:  Stock has come back to its upward trendline although its last upward  move was shallow.  It just moved under its 25 MA and is sitting just above the 50.  I think this week will be an important week in determining the strength or weaknesses in many stocks in this index.  I look for this stock to move weaker than the index for now. 
The dollar stock market inverse correlation
Year End Markets
at a glance.

Weekly and Daily Updates page
Live Quotes Page