Category Archives: Weekly Report
Value and Growth Potential in IGT
My busy-ness precedes me. Unfortunately I have not gotten around to posting recently, but I figured I would re-up with this unorthodox (for me) article. Usually I tend to focus on the technical side of things, but here is a … Continue reading
S&P Volatility and the Silver Sell-off
It has been a little while since my last post, but as I’ve gotten settled back into a routine here in Sydney, I figured that I would go ahead and start posting again. So let’s take a look at the … Continue reading
Sideways Action / Continued Weakness in the Dollar
After a weekend in Melbourne and one more to catch up on work (sleep), I am back in action. From the last time I have written, we have seen a pretty decent rally back from the touching of that 23% … Continue reading
Retracement in the S&P 500
Beginning the week there was some nice downside action, continuing the break out from last week, but there was a rally to end the week. The chart show us that the Thursday showed some heavy buying action, and though Friday … Continue reading
Break for the Bears
The first three days provided more consolidation in the S&P with a double inside bar—someone had to give. It turns out that the bears took over on a large down day Thursday making new lows on the week, and closing … Continue reading
A Halt in the Action
All the way from Sydney Australia, I am finally adding my first entry to An Engineer’s Eye on foreign soil. But let’s get right into it. The market has finally slowed down, showing some consolidation and indecision for, really, the … Continue reading
Super Bowl Week Rally
The market responded very well to last Friday’s sell-off, contradicting my observations of last week. The S&P did not even test the lows of Friday, immediately recovering the loss and then some. It did finally close above the “magic’” 1300 … Continue reading
The Magic Number
This week in the market, though not overly headline-driven, was still an eventful one. As the title suggests, the “magic number” for the both the Dow and the S&P was reached (12,000 and 1,300 respectively). These two significant levels were … Continue reading
The Recent Rally
So, my winter vacation lasted longer than I had anticipated, and I was pretty out of touch with the market for the most part. I have been working my way back in for the past couple weeks, and I am … Continue reading
Continued Growth
Okay, so this week I’d like to start off a little bit differently. Instead of looking at the S&P right away, lets take a look at the Dollar Index. Looking at the daily timeframe, we see slow and weak movement … Continue reading