SP 500: Market Is Strong, But Correction Should Continue
Looking at the S&P 500 (^GSPC) chart below, the breakdown from the ascending wedge pattern is clear enough, and expectation of the breakdown has been fulfilled. The rising trend line violation brings with it the expectation of a continued decline, but I do not have a price target at this time. The horizontal dotted lines [...]

US Unemployment Rate Troubling, But …
The US Labor Department announced Friday that the unemployment rate rose to a 26-year high of 10.2% in October, an increase of 0.4 of a percentage point, even though the labor force contracted as well. The graph below, courtesy of Chart of the Day, illustrates the unemployment rate since 1948 and provides some [...]

Cartoon: It’s Still The Economy, Stupid
Source: Gary Markstein, Comics.com, November 5, … [visit site to read more]

Doctor Up Your Portfolio With This Medical Communications Company
The healthcare reform debate continues to swirl in Washington. And Marc Lichtenfeld and Louis Basenese have discussed this crucial topic recently, offering their thoughts on the companies best positioned to profit. That’s because regardless of the back-and-forth and political slanging match, the healthcare sector still offers strong potential for solid returns, due to [...]

Dendreon Corp.: Put This Promising Biotech Stock On Your Watch List
All the hoopla surrounding the biotech stock, Dendreon Corp. (DNDN), this year is well deserved. After all, the market potential for its prostate cancer treatment, Provenge, is significant. This year, 190,000 new cases of prostate cancer are expected, with 27,000 deaths from the disease. That makes it the most common non-skin cancer [...]