Google Downside Reversal? (Chart)

clipped from allamericaninvestor.blogspot.com Action today could be signaling  a downside reversal in Google. So far the low is in the critical 380 area. If 380 is breached it would signal additional downside in Google.

Cold Fusion and Palladium (Chart)

clipped from allamericaninvestor.blogspot.com Every decade or so the topic of cold fusion comes up. When it does you sometimes see Palladium, the commodity, soar. Will 60 Minutes trigger a new bull market in Palladium?

Penn State Solar Decathlon team ready to make Natural Fusion a reality

clipped from www.pennstateclips.com "Natural Fusion was born out of the idea of building an integrated house and using things that have been used for years but in a new way," said ThomasRauch, team member and media liaison. "Its redefining the engineering processand what is considered the cross-disciplinary educational process."

30 Year Mortgage Interest Rate Chart (Update)

30 Year Conventional Mortgage Interest Rate


Current Interest Rate 4.78 Percent

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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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Stocks the Nervous Norvis Market (Chart and View)

There are a lot of Nervous Norvises out there.

When the market moves down for a couple of days your typical Nervous Norvis bull gets sweaty palms and heart palpitations. A couple of days down and the bears are pounding their chest. The only thing the bears can think about is bad news. Left to wonder of course, why is the market going up with all this bad news--the world is coming to an end.



The Stock market is in a classic uptrend from the capitulation low.

Review:

• During the capitulation phase the slope of the market became too severe to maintain and the market hooked off the lows as should have been expected. See: S and P Monthly Chart indicates a sharp rally is coming soon. S and P 500 in the 676 area. See: S and P 500 Rally Comes as Predicted
  
• Next we got very bullish news that most investors missed. See--Stocks Don't Fight the Tape.
• It became obvious that the market was ready for a major technical retracement in a longer term bear market. See: They called me crazy, S and P 900-1000
  
• Since the uptrend started, above 750 on the S and P 500, the market has traded according to a textbook.
• A rule that worked--always buy two days down in an uptrend. You could have bought the market at the 768 area; and again, this week around the around 816 area.

At the moment:

• The market continues to make higher lows. The most important ingredient of a trend.
• The market found support on a dip three times. This indicates there are buyers below the market. This is necessary to raise confidence.
• Bears continue to try and sell the market. The big difference they are running for cover at the first sign of strength.
• The slope of the green line (midpoint, support) continues to point up and is strengthening.
• The blue line is picking up momentum and as long as this continues it will help propel the market higher,
• The market is once again approaching the red line (two standard deviations up) and this should be watched. Short term traders should resist the urge to buy the market when it is at, near, or above the red line. This is where nervous norvises really get killed.
• There is still substantial resistance from 850-875. This is where the market will likely wear out bulls who lack patience. They will get out and will likely start chasing it right into the top and before the next major test of the downside.
  

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Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments.

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Get Your TARP Before it is Too Late

clipped from allamericaninvestor.blogspot.com Last one in is a rotten egg. I moved to Florida just before the run of monster hurricanes. I had to look on as shortage of tarps caused additional hardship. People with leaking roofs couldn't get tarps, so when it rained the water just poured through the roof causing additional damage. Now I find myself wondering if there are enough TARPs (Troubled Asset Relief Program) to go around. The Treasury Department has decided to extend bailout funds to a number of struggling life-insurance companies. It appears that if you own a bank holding company or a savings and loan, you are qualified for a TARP. Soon these insurance companies will be crying "pour mouth" because they aggressively sold variable rate annuities tied to the performance of the stock market. Sooner or later, the Treasury is going to run out of TARP. Reminds me of the saying--"last one in is a rotten egg".

S & P 500 Up 24.53 Percent in 20 Days (Chart)

clipped from allamericaninvestor.blogspot.com