Categories

Archives

The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

Recent Posts

About

Subscribe to this blog's feed

July 2025

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

The View from Abroad

Columnists - Thoughtful Reading

Economic Sites and Blogs

Bought And Paid For

« Bulls Still in Charge | Main | Trumps Real To Do List »

January 30, 2025

S & P Global Hits #4 resistance

1/2/9./2025

Screenshot 2025-01-30 at 4.35.24 PM

Global S & P is coming up to its 4th resistance, this is what has kept the bulls o optimistic and made the bears look like loonies. After all this note the moving averages are coming together, this happens before a change in trend, the next two weeks should give better clues.

 Transports Lead and turned down today

Screenshot 2025-01-30 at 4.45.10 PM

 

NYSE new lows

Screenshot 2025-01-30 at 5.19.45 PM

I have suspected the market was topping but it has held up longer than I thought, this is typical of a market top dating back to

1982 1966 1958 1937 1929

 

This is not over yet

 

Posted at 05:38 PM in Stock Market |

Comments

The comments to this entry are closed.