ilene / Tag: DIA, dollar, oil, qqq, SPY, stocks, USO, UUP / 0 Comments

Here's the newest Stock World Weekly:  Illusion Based on a Fantasy

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Download Newsletter 3/6/11 Read more about Illusion Based on a Fantasy

Here is this week's Stock World Weekly Newsletter. As always, feedback appreciated.

"As it turns out, our ‘Secret Santa’ was The Bernank – and he bought us a bag full of money!” - Phil

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ilene / Tag: BERNANKE, economy, money, stock-market, stocks / 0 Comments

The stock market has been on cruise control for the holidays, with the bulls teasing the bears occasionally but giving little back. Powered by the Fed’s cash machine, the SPY has continued on its strong December path. The market is now in blue sky territory, and not even China interest rate hikes and lower consumer confidence readings can stop it. Read more about Sector Detector: Technology Rises while Basic Materials Falls in Rankings

Here's the latest Stock World Weekly. We hope all of you had a great holiday weekend! - Ilene

(Stock World Weekly archives here.)

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ilene / Tag: bearish, bullish, dollar, ETFs, investing, money, POMO, QE2, stock-market, stocks, trading / 0 Comments

The bulls continue to steamroll bears during December, despite closing November with ominous weakness. Powered by the Fed, the SPY bounced convincingly from strong support at 118 and has not looked back, even powering through November resistance at 123 with only a brief pause to reload. Read more about Sector Detector: Healthcare and Technology Retain Top Scores as Holidays Arrive