Monday, August 11, 2014

Week Ahead Magazine For August 10, 2014

Last week saw the market's trading action gravitate from positive to negative during the week until Friday. The chart to the right shows the daily changes in various market indices with Friday's sharp bounce back. A question for this week will be whether last Friday's trading bounce signals a bottom in the market's recent decline.

Today pre-market futures are indicating a positive start to the trading week. This comes on the heals of positive market performance in global markets on Monday. One article link in the Week Ahead Magazine covers some technical data that is suggestive of a potential market bottom. Additionally, another article notes the decline in investor bullish sentiment, as well as investors continued appetite for bonds. Below is the link to this week's magazine.

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