Off the Charts
Some traders are scratching their heads as the Dow and S&P are holding up well despite sizable losses in key companies like IBM (IBM), Intel (INTC) and Google (GOOG). On the flipside, financials and homebuilders are performing well, the reverse of what we have seen over the past few years. The S&P is still showing commitment to the longside as it digests the recent three-day rally. Holding above 1443-1448 would show commitment to the rally.
...624 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
