Pressing Against Resistance

Markets had their first up week after four consecutive weeks of lower finishes. The Fed put any new action on hold but left the door open to make an announcement after the next meeting in September. The economic reports continue to show deterioration and nothing has been resolved in Europe. The charts show clear support and resistance levels to indicate when investors should take action. Get more on Next Week on Wall Street.

Click on this link to listen to this week's market comments: http://yourmoneytalks.podbean.com/2011/08/29/pressing-against-resistance/

A Record Week for Wall Street

This week a discomfiting record was set on Wall Street as the market oscillated up and down more than 400 points four days in a row. The whipsaw market action shattered investor confidence sending waves of sell orders to the floor of the exchanges. The economic numbers were mixed, but contagion fears are growing in Europe. The final numbers on the week weren’t that bad had you missed the daily action. There are some signs of hope. Find out more Next Week on Wall Street.

Click on this link to listen to this week's market comments: http://yourmoneytalks.podbean.com/2011/08/12/a-record-week-for-wall-street/

Markets Stage a Mini Crash

This week Jerry discusses the mini crash in the market that happened on Thursday. Stocks are technically broken, but that doesn’t mean that we can’t rally first. The Fed makes an announcement on Tuesday and more Quantitative Easing may be in the cards or the market could be disappointed once again. Earnings has taken a back seat to news out of Italy. Find out more “Next Week on Wall Street.”

Click on this link to listen to this week's market comments: http://yourmoneytalks.podbean.com/2011/08/05/markets-stage-a-mini-crash/