Sunday, April 19, 2009

Weekly Insights

This week's Insights has been released. covering stocks, bonds (and yields), the dollar, and commodities. Please pass it on to anyone you think might be interested. Also, please feel free to send me any feedback or any questions. Speaking of questions, please pass along any questions or topics that you would like answered/discussed in future monthly or weekly Insights. If we get enough interest, we will create a regular section devoted exclusively to readers' interests. The e-mail address is wgmurphyjr@gmail.com

Here is the is the first Insights paragraph: In “Plain English” the uptrend from the March low is still intact, but it would seem that that the indexes are in need of a rest. The S&P is on a six-week winning streak, which is the third longest run since the peak in 2000. A number of near term momentum indicators are at overbought extremes. There are potential near term divergences, but some of those indicators were recently at multi-year highs. Such behavior is often a medium term positive.

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