Archive for June 25th, 2009

Credit Market Overview
June 25, 2009
The S&P closed above it’s 200DMA on June 10th; a bullish sign we were told.  On June 22nd it closed back below its 200DMA a bearish sign unto itself but given more weight since the move above was then seen as failing.  A “Golden Cross”, we have recently learned, occurs when… »