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11/10/09 Investment House Alerts
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IH Alert Subscribers:
MARKET ALERTS:
Targets hit alerts: None issued
Buy alerts: ASH; BWLD; IOC; RS; ZMH
Trailing stops: None issued
Stop alerts: None issued
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VIDEO MARKET SUMMARY. Detailed chart-based analysis of the key index and leadership charts are covered. Part 1 transcription to follow.
TO VIEW THE VIDEO MARKET SUMMARY CLICK THE FOLLOWING LINK:
http://investmenthouse1.com/ihmedia/MarketSummary.wmv
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SUMMARY:
- Lethargic market finds no catalyst to continue the Monday surge.
- Stronger dollar helps blunt an already lethargic pre-Veteran's Day holiday
- Evidence mounting that small business is in a serious struggle.
- SP500, NASDAQ dealing with key resistance after more than a week of gains.
- Bias remains upside but it will take another shot of liquidity buying to send indices through resistance versus testing back in some more range trading.
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