Thursday, August 22, 2013

Thursday Morning Reading

How We Get to S&P 1800

1 thing I agree with is the market should not be too weak. I also see "S&P 1800 before 1400."

How’s The Long Term Health of The S&P 500 Looking?

Long term support at 1550. Even bearish as I am, I don't see 1550 in near term. 

Technicals and Seasonals Suggest Late August Bounce

Possible.

News Headline:
Fed's Jackson Hole summit begins today but with Bernanke not in attendance. What's my expectation? No major decisions expected to be made. Non-event again. They are going to defer the decision making until they cannot.

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