Monday, April 30, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, April 27, the S&P 500 closed @ 1403, and that was...
+7.1% ABOVE its 12-Month moving average which stood @ 1310.
+10.2% ABOVE its 40-Week moving average which stood @ 1273.
+1.2% ABOVE its 10-Week moving average which stood @ 1387.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL
and the LONG-Term trend is BULLISH.
Labels:
intermediate-term,
long-term,
trend,
Vantage Point
Friday, April 27, 2012
Thursday, April 26, 2012
Wednesday, April 25, 2012
Tuesday, April 24, 2012
Monday, April 23, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, April 20, the S&P 500 closed @ 1379, and that was...
+5.6% ABOVE its 12-Month moving average which stood @ 1306.
+8.4% ABOVE its 40-Week moving average which stood @ 1272.
-0.3% BELOW its 10-Week moving average which stood @ 1382.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL
and the LONG-Term trend is BULLISH.
Labels:
intermediate-term,
long-term,
trend,
Vantage Point
Friday, April 20, 2012
Thursday, April 19, 2012
Wednesday, April 18, 2012
Tuesday, April 17, 2012
Cartoon of The Day: Picture I.D. Requirements...
Courtesy of Mike Ramirez @ Investors Business Daily
Monday, April 16, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, April 13, the S&P 500 closed @ 1370, and that was...
+5.1% ABOVE its 12-Month moving average which stood @ 1304.
+7.9% ABOVE its 40-Week moving average which stood @ 1270.
-0.6% BELOW its 10-Week moving average which stood @ 1379.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL
and the LONG-Term trend is BULLISH.
Labels:
intermediate-term,
long-term,
trend,
Vantage Point
Friday, April 13, 2012
Thursday, April 12, 2012
Wednesday, April 11, 2012
Tuesday, April 10, 2012
Monday, April 9, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, April 6, the S&P 500 closed @ 1398, and that was...
+6.8% ABOVE its 12-Month moving average which stood @ 1309.
+10.1% ABOVE its 40-Week moving average which stood @ 1270.
+1.6% ABOVE its 10-Week moving average which stood @ 1376.
Therefore, the INTERMEDIATE-Term trend IS BULLISH
and the LONG-Term trend is BULLISH.
Labels:
intermediate-term,
long-term,
trend,
Vantage Point
Thursday, April 5, 2012
Wednesday, April 4, 2012
Tuesday, April 3, 2012
Home Sales Cancellations Overwhelming The Housing Recovery...
This chart from Nomura shows the percentage of real estate pros who are experiencing sales cancellations. As 2011 went on, the number of people having an issue with cancellations due to mortgage obtainment started rising!
From Nomura:
From Nomura:
"In his testimony before Congress, Fed Chairman Ben Bernanke continued to show his concern that clogged housing finance remains a sizable drag on the economy. Indeed, despite lower mortgage rates, the share of real estate practitioners who experienced cancellation due to inability to obtain mortgage loans in January rose to 8.0% from the recent low of 1.0%. In Figure 1, the category “cancellation due to other problems” comprises many issues, probably also including cancellation because of mortgage problems. Many potential home buyers can’t take advantage of favorable borrowing conditions due to difficulty in getting mortgage loans."
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