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Market Remains in Sideways Mode For Year So Far

  • Written by Syndicated Publisher No Comments Comments
    March 20, 2014

    The up and down volatility, resulting in a going nowhere market, continues well into the third month of the year. The market was down in January but recovered in February. It plunged sharply last week, but is recovering so far this week.

    Lots of volatility but no progress.

    Meanwhile, the short-term charts still have a cautionary look for the short-term.

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    And yet there are several areas to watch.

    Is the U.K. going to find support at the lower limit of its rising trading band and lead the rest of Europe back up?

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    To read my weekend newspaper column click here: Can U.S Market Avoid A Serious Correction Again-

    Subscribers to Street Smart Report:

    In addition to the charts and signals in the ‘premium content’ area of this blog, there is an in-depth ‘Gold, Bonds, Dollar, Inflation’ report from yesterday in your secure area of the Street Smart Report website. And there will be an in-depth Mid-Week Markets Report there tomorrow.

    Images: Flickr (licence attribution)

    About The Author – Sy Harding, Street Smart Report

    Sy Harding publishes the financial website Street Smart Report Online and a free daily Internet blog at Sy’s Free Blog. In 1999 he authored Riding The Bear – How To Prosper In the Coming Bear Market. His latest book is Beat the Market the Easy Way! – Proven Seasonal Strategies Double Market’s Performance!

    It includes our research and analysis on the economy and markets, and provides charts and buy and sell signals on the major market indexes, sectors, bonds, gold, individual stocks and etf’s, including short-sales and ‘inverse’ etf’s.

    It provides two model portfolios as guides. One is based on ourSeasonal Timing Strategy, one on our Market-Timing Strategy.

    In depth updates are provided every Wednesday, with interim ‘hotline’ updates every time we make a trade. An 8-page traditional newsletter Street Smart Report is provided on the website every 3 weeks, in pdf format for viewing or printing out.

    There is the Street Smart School of online technical analysis ‘seminars’,commentaries to keep you ‘street smart’ about Wall Street, and much more. 

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