LANGE FINANCIAL SERVICES. MARKET UPDATE SUNDAY APRIL 24, 2011. 7:00PM This week, 186 companies in the S&P Index of 500 companies will report their quarterly earnings. This will mark the end of this very profitable earnings period. Last year, the market peaked on April26th, followed by a three-month Consolidation/Correction period into July/August 2010. From that time, we have issued repeated…
After discussing the markets and individual stocks with Fred and Rob at Lange Financial Services yesterday, we wanted to bring to you some of their thoughts below in this post today. They were looking for a pullback of 3 to 5 % tops and it appears they hit it right on. Wednesday and again yesterday, they were explaining to us…
We were just speaking about the markets with Lange Financial Services and wanted to share the thoughts with you now. The market has sold off sharply this week. Nasdaq is down now about 4.0% and other indexes are down up to 3%. We have recently stated here that we could have a “Pullback” of 3% to 5 % at any…
While US Markets are closed today, the markets overseas are down as much as 2%. Gold is back to over $1400 per ounce and crude OIL up 6.15 % at $91.50. Triggered by the spreading uprisings in the Middle East, the market seems ripe for the inevitable correction and one that has been anticipated by many pundits for two months…