Are Stocks Peaking?

Date August 4, 2010

Here’s an interesting chart from Nomura’s Technical Strategist showing how there seems to be a nearly a perfect 14 session cycle between peaks. It looks to me like some of the peaks are VERY short-lived but nonetheless it is an interesting chart with a pattern that’s worth keeping in mind because it suggests that stocks are due for a deeper correction.

What do you make of this?

Category Posted in S&P, Stock Market, forex blog

4 Responses to “Are Stocks Peaking?”

  1. These shares are up heating and cooling | Uncategorized | Answers to frequently asked questions about skin cancer ! said:

    August 4th, 2010 at 5:20 pm

    [...] Are Stocks Peaking? | Kathy Lien [...]

  2. Ample stock to counter global wheat output fall | Commodity Trading Tips said:

    August 4th, 2010 at 8:35 pm

    [...] Are Stocks Peaking? | Kathy Lien [...]

  3. Stocks rise on jobs, service sector growth | online mortgages blog said:

    August 4th, 2010 at 10:08 pm

    [...] Are Stocks Peaking? | Kathy Lien [...]

  4. Lacy Saenger said:

    February 18th, 2012 at 2:03 pm

    It is difficult to obtain knowledgeable individuals on this matter, but you sound like you know what you’re speaking about! Thanks Thanks http://www.franciscacheng.com/drbguestbook/.

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>