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You Are Here: Home > Articles > Commentary > Stock Market Commentary: Modest Recovery

Stock Market Commentary: Modest Recovery
Sep 03, 2009

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Declan Fallon

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Markets ticked up with tomorrow's job report to come. Thursday's gains didn't break above any of the indices' 20-day MAs with the exception of the semiconductor index - although there was no technical recovery for the aforementioned index.

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Volatility looks ready to pop higher having comfortably cleared its 50-day MA. Shaky times ahead for the S&P?
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The monthly VIX is also showing a bullish wedge; a rocky Q4 ahead?
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But the first challenge is tomorrow's job report and the post Labor day return of Traders.


by Declan Fallon (Fallond Stock Picks)

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