Friday, April 30, 2010
Weekly Chartbook Ideas
This morning we update early the weekly chart review of the 50 day moving average and the slope of this moving average on several leading indexes. Each chart shows the 50 day moving average and our indicator that shows the slope of the moving average. Green is positive slope and red is negative slope. More...
Today's Superstock Investor Stock Scorecard:
GOLDMAN SACHS GROUP INC (GS)
This morning we thought that it made sense to look at Goldman Sachs (GS). The company is being attacked by legislators and now potentially the Feds. So with the stock price getting pounded is the stock cheap on a valuation basis? You bet. The price target is at $219.29. The close was $160.24. More...
The Madison Letter:
For the week, the S&P 500 is down slighly more than 10 points. A test of S&P 500 at the 1200 level and Dow Jones 11000 happened earlier in the week and for the time being these levels have held. More...