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Next Week on Wall Street: Bad News, No Reaction
Published: February 26, 2010 | 6:59 PM
- Play:
- Artist: Jerry Slusiewicz
- Title: Next Week on Wall Street (02/26/10)
- Album: greenfaucet.com
- Year: 2010
- Length: 8:48 minutes (16.12 MB)
- Format: MP3 Stereo 44kHz 256Kbps (CBR)
This week Jerry examines the lack of response in either direction to some bad economic reports released last week. He cites the low volume and technical resistance at the 50 day moving averages on most of the major indices as reasons for his negative forward outlook for the markets. Next week should produce more weak economic numbers, but the start of the month is usually buoyed by new money coming in from the 401K and other retirement sources. Tune into Next Week on Wall Street to learn what's happening tomorrow—today!















