Jan
8
Out of Steam?
The rise in stock values from the November 20 low has been impressive - as long as you view it in a vacuum, and not in the context of the previous decline. You can also ignore the obvious loss of momentum. The last point is 903, as of about 10:30 a.m. If the market declines throughout the day, the closing will be below the trend line of this counter-current move. It might not be quite over yet, but soon.
Winter is coming.
Closing values from Yahoo finance. Graph by jazzbumpa.
