Bulls Set to Charge the S&P 500 (SSO, UPRO)
Support at S&P 1340 looks incredibly strong after holding rock solid all week. The market has shown resilience and for the first time in a while the bulls have a ton going for them.
The Dow formed a higher low in May compared to April. The same is true for Copper. The small caps Russell 2000 held very well last week also with higher lows. Oil has declined, and presents economic benefits. With the Facebook IPO ready to rock numerous ingredients are present for a surprise rally.
Best of the Blogs
BlogDroid 600
Scanning and identifying the best blog entries every hour
- Stocks Decouple From “Risk-On” Indicators | Financial Sense
- 19 Out Of 19 | ZeroHedge
- Global Assured Destruction, Or How Bernanke Now Holds The Entire World Hostage | ZeroHedge
- Fly Sell: $SOL | iBankCoin.com
- Goldman Confirms 'Recovery' Hopes Have Gone As 'Slowdown' Deepens | ZeroHedge
- Chinese Economy Enters Contraction With First Sub-50 PMI Print Since October | ZeroHedge
- Google: It’s Just Not Cricket! | ZeroHedge
Latest Headlines
Newsbot 3000
The most relevant financial news and articles from the Internets
- Penguins Gave Up Flying To Take To The Seas | Business Insider
- The Red Arrows Rival Even The Blue Angels For Aerial Stunts | Business Insider
- Andrew Garfield Plays Basketball With Kids In His... | Business Insider
- Drew Brees Tops the Power 100 in 2012 | BusinessWeek
- Microsoft Makes Fun Of The iPad In Its Best Windows 8 Ad Yet (MSFT,... | Business Insider
- Here Are Four Signs We're In A Dangerous Bubble | Business Insider
- ... | StreetInsider.com
