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Google has broken support. Will this downtrend last or will the bulls quickly re-gain the upper hand and drive the stock back above the 200 Day Moving Average? As a point of study - stocks that trade BELOW their 200 Day are no longer in a Bull Trend. However, Google has been in an uptrend for so long that a few days below the moving average isn't death for the stock. Number to watch is 550.
The appropriate electronic documents are uploaded to Amazon. All the boxes are filled out and information entered. All that remains is pushing "Send". I'm doing a few last minute fixes on the e-book document before I do so, but I can tell you that the publication date is 'Soon'. I can't give an exact day yet - but, truly the "soon" part is actually true!!
So, what now?! We wait. Ok, just kidding. To those out there that have been closest to the process, now is the time to hit me up for Review Copy of the book. Tell me what format you'd like it in. Contact my business e-mail at [email protected] or message me on Facebook or Twitter. Even if you're not intending on rushing up a review (as I'm so late on posting reviews myself) - message me for a copy if you've been a reader of the serial updates on the blog. Thanks again to all the readers that have followed the progress of "Ella" to publication and I hope to announce within days the arrival of the e-book at Amazon. From Las Vegas, Stephen John Moran Google is plunging in early trading, threatening to break the important 570 level, which is support for the last 4 months. Can this stock hold the line?
The headline says it all, "Not a scandal, it's a sex crime."
Just because someone is famous doesn't give the general public a right to their private affairs. Some feel entitled because they bought a movie ticket or a poster. Let's remember though - if this happened to you, you'd be screaming bloody murder. Here is a link to the story at Vanity Fair. The reason I share this is too many of my former/some current followers (I'm not thinking I saw all that shared) - re-posted the images at the time of the hack. To be more specific - I believe those followers committed sex crimes and should be prosecuted. You're lucky to escape with simply having your twitter accounts suspended. Oil is moving south again in early trading, off 1.5% in heavy volume. Since the recent peak of 104, oil has lost some 16% of it's value and is quickly approaching the trouble point of 20%, which insiders like to call a bear market. How can the economy be 'improving' with oil in a bear market? Well, first, oil has to drop more - to 84. That is the line in the sand. In my opinion, 84 MUST hold for broader market to maintain a bull uptrend.
In one trading session, Google dropped from 50 Day Moving Average to the 200 Day moving average, threatening once again to break the upward trend in the stock. Is the momentum broken yet? I'd lean towards no at this point. Like a certain law of physics, stocks tend to continue on in the same direction until compelled into the opposite direction. However, a break of the 200 Day Moving Average isn't a small deal and must be turned around in the next few trading sessions. The 200 Day must hold for the bull trend to continue in the general market.
Ninth Circuit Court Strikes Down Marriage Bans in Nevada and Idaho - #EqualMarriage Marches Forward10/7/2014 The markets swooned in the final hour of trading, closing at the lowest levels of both the session and at two month lows for SPY. The SPY failing at support of 50 Day moving average concerns me and I wonder how much energy the bears have in this market.
Oil is falling, yet stocks have risen over the last six months. Something is amiss in Denmark. The question - Why is oil Falling this much? One reason - US production is at 25 year highs.
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