May 26, 2010, 4:00 pm EDT — Closing Thoughts — The Standard & Poor’s 500 index closed down 6.15 to 1067.88, as China consider selling their major stake in euro. Dartline considered such a consequence and applied the SPM algorithm to the issue and determine, a 15% liquidation of the [...]
May 25, 2010, 4:00 pm EDT — Closing Thoughts — The Standard & Poor’s 500 index closed up 0.42 to 1074.06, as last minute short covering caused panic buying. Groundhog day allover again as greed replaced fear, at least for the last 30-minutes. … Besides the financial crisis in [...]
May 25, 2010, 7:00 am EDT — The Standard & Poor’s 500 index futures down 24.90 to 1044.20, as FEAR rules — FEAR that North Korea wants war, and FEAR that Euro Zone is disintegrating. World stock markets and the euro dropped Tuesday on fears Europe’s debt crisis will cause [...]
May 24, 2010, 4:00 pm EDT — Closing Thoughts — The Standard & Poor’s 500 index closed down 14.24 to 1073.47, as U.S. financial markets are trading on FEAR and more questions than honest answers. … Meanwhile, the euro dropped after a bailout over the weekend of a regional [...]
May 24, 2010, 7:00 am EDT — The Standard & Poor’s 500 index futures down 13.50 to 1071.10, as welfare state is the new flavor of the month — initially cherished by many Europeans as an alternative to what they see as dog-eat-dog American capitalism — is coming under [...]
