Market-Technicals

Financial Market Analysis

By Shawn R. Carpenter

Sunday, April 23, 2006
  The real pain of high gas...
The national average of retail gas prices have climbed to $2.90 ( as of 4/23/06, according to AAA, http://www.fuelgaugereport.com/index.asp ). This is up from last month's average of $2.509. As these prices climb and as people continue to use cars as they used to, money that has been driving this multi-year bull run in the markets will go into the pockets of oil companies rather than the broader sectors of the market. It will be interesting to see Q2'06 corporate earnings, mainly their guidance going forward as well as possible early warnings of missing estimates.
  1:43:00 PM
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Why Market-Technicals?

Market-Technicals is a Financial Market Trend and Research blog. Mainly utilizing technical analysis, the research composed is designed to capture market timing techniques, understanding how economic and political forces shape the market, and give speculation as to where the financial market is headed. Encompasing equities, index, sector, ETFs, commodities, and bonds; the expectations are to shed some light as to what "smart money" is thinking.
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