Archive for August 2012

Weekly Update-August 18, 2012

By: Michael Vodicka “The VIX is at a 5-year low. That means the market feels more secure and confident right now than BEFORE the financial implosion of 2008.” It was a bullish breakout for stocks this week, with the averages settling above key levels of resistance. The S&P 500 closed the week at 1,418, firmly…

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Weekly Update-August 12, 2012

By: Michael Vodicka “Even though corporate earnings have rebounded forcefully in the last three years, back to peak levels from 2007, the central banks of the world have been running the show.” Stocks closed the week with a small gain as the averages continue to linger just below the 4-year high from late April. That…

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