Market On Open - Monday 4 March
DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.
Bear BBQ
by Alex King
Yikes. Friday was a scary burn-up. The Bullo Di Tutti Bulli. Anyone who is standing in the way of this unstoppable bull has been feeling some pain of late. Whether it all ends in sorrow at today's close, who knows, but by looking at our longer- and shorter-term charts we can make some educated guesses as to the direction of the indices. Pattern recognition - for that is all that technical analysis really is - can be more useful than most people recognize when it comes to securities pricing outlook. Below we refresh our charts ready for the new week.