Chart Of The Day: Only 30.8% Of Stocks In The S&P 500 Are Above Their 50 DMA Lines- Up Sharply From The Aug Low
This reading is up sharply from the August 2015 low of only 4.6%!
At least the Alaska Air CEO Tells The Truth!
SOURCE: http://www.latimes.com/business/la-fi-alaskaairlines-ceo-20151002-story.html
Low Defended 3 Days in A row
On a short-term basis, we were sure on Thursday that the market was carving out a low as we had two days reversing to the upside off of monstrously significant support areas. By 10 AM Friday, we thought we were idiots. By the close, we think we got the short-term low correctly.Notice the words short-term….
Hey…what happened to lower premiums?
SOURCE: http://news.investors.com/blogs-capital-hill/092315-772384-premiums-have-steadily-climbed-despite-obama-promise-to-cut-them.htm
Week Ahead: Fed Minutes and Data @FoxBusiness
http://www.foxbusiness.com/economy-policy/2015/10/02/week-ahead-fed-minutes-and-data/?intcmp=bigtopmarketfeatures
‘FOX News Headlines 24/7’ on SiriusXM @FoxBusiness
http://www.foxbusiness.com/industries/2015/10/01/fox-news-headlines-247-to-launch-on-siriusxm/?intcmp=marketfeatures
Scottrade Customer Database Hacked @FoxBusiness
http://www.foxbusiness.com/industries/2015/10/02/scottrade-says-customer-database-compromised-in-cyber-attack/?intcmp=marketfeatures
Bye bye Google, hello Alphabet
http://www.reuters.com/article/2015/10/02/us-google-restructuring-alphabet-idUSKCN0RW21H20151002
U.S. auto union faces tough road to salvage failed contract
http://www.reuters.com/article/2015/10/04/us-autos-uaw-idUSKCN0RW2IN20151004
Two-seat car electrifies Chile streets
http://www.reuters.com/video/2015/10/01/two-seat-car-electrifies-chile-streets?videoId=365799688&videoChannel=1004