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Stock Market Closing Report - 5/25/12 - May 25, 2012

Friday, April 1, 2011

The Bears Don't Want To Leave

Rob Witt

I have a bunch stocks I am covering by request. I also covered several stocks that caught my eye as well as some of your  requests on my site on my Random Technical Analysis Page. Request any other stocks you want me to look at and continue to make requests at your leisure.  Check out the blog I put up recently titled Avoiding Trading Disasters.

A quick advertisement here but we are once again working on improving the site by implementing a sector/industry section so that you can find out what stocks go together. For example you may see a few stocks all moving along pretty well but may not know they are in the same industry. Knowing this information can really help you trade more efficiently. I have begun my anniversary sale. April 13 will be the first birthday of my site. Details of the sale are on the site.

The bears are still trying to push this rally down as you can see by the action on the intraday chart near the end of the day. I feel the market wants to go higher for a while but I do not think testing the 50 day moving average is out of the question. SPX support 1325 and resistance 1335. Thanks for visiting our site and request a Free Trial if you want to look around. Make sure to check out our Stocks To Watch section and the Market Watch Page.  

Learnstocks101.com is not run by the same individual who runs this blog. Learnstocks101.com is run by Rob Witt who has been fortunate enough to be allowed to post in this great blog site.


To view this video at learnstocks101.com please click on image

Learn to trade stocks with technical analysis at learnstocks101








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