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Daily Archives: June 30th, 2008

A Quick Technical Look At Mastercard (MA).

Submitted by Luck o the Irish

Clearly we can see the Left Shoulder, Head, and Right Shoulder. The approximate length between the $280 to $315 (neckline to head length of $35) run gives us a possible down leg target of $245 which would also coincidentally fill the gap from a previous earnings announcement. […]

Techs Weak; Energy Sector Leads: SPX, Nasdaq, CLF, RTP, DVN, COP, ATW, NOV, DNA

On the last trading day of 2nd quarter, the market displayed little strength. It attempted to bounce all day, but, ended with sharp drops in the tech stocks. On the other hand, the energy sector (XLE) was strong and led the market. Metals and mining (XME) and oil services (OIH), which we […]

Premarket Analysis for 6/30- Upgrades/Downgrades, Gappers, Actionable Calls

Submitted By Optiondragon

Drinking tea with chopsticks in microgravity- NASA, Happytrading testing
From Briefing.com

Periodicals Wrap-Up for Monday, June 30th
WALL STREET JOURNAL: After being downgraded by Moody’s, the Wall Street Journal reported that MBIA Inc (MBI) will have to make $2.9B in termination payments and put up an additional $4.5B in collateral on agreements called Guaranteed Investment Contracts. […]