Way back in the spring, I set a target for the S&P 500 of 1100-1200. That target was based on technical analysis and it is near to being fulfilled. Here’s the analysis as it stands today:

The green area is bounded on the bottom by the long term downtrend line and on the top by a [...]

Well, I don’t think we can call it a run on the dollar yet, but demand for greenbacks isn’t exactly robust these days. Gold seems to have settled in above $1000, roughly 4 times the price at the 1999 low around $250 per ounce; it would appear that folks prefer gold to greenbacks. The government [...]

Via Market Watch:
Goldman Sachs raised its rating on large banks to attractive Monday morning. Improved earnings, stronger balance sheets and bigger assets following a year’s worth of acquisitions at several large banks have raised some analysts’ views of the sector going into the quarterly reports. Gainers on Monday included Wells Fargo, up 1.81, or 6.9%, [...]