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Posts Tagged ‘Losing Streak’

Stocks Broke a 4-Day Losing Streak

Stocks Broke a 4-Day Losing Streak by Robert W. Colby

Summary: Stocks broke a 4-day losing streak. But is it significant? Financial stock sector Relative Strength Ratio (XLF/SPY) fell to a new 9-month low on 8/25/10 and remains bearish. Absolute price fell to a new 12-month low on 8/25/10 and has been in a bearish trend since peaking on 4/15/10. Cru…

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Daily S&P Report

Daily S&P Report by Sean Lusk of PFGBest Stock futures turned in a small gain Friday as investors weighed a better than expected reading on consumer sentiment against a disappointing retail sales report. The Mini Dow Futures contract rallied 51 points for the day. That helped the Dow snap a three week losing streak, with the blue chip index finishing up 2.8 percent for the week. It also pulled the Dow out of correction territory, down more than ten percent from their April high.   Read the full story