(AMZN: 138.79 +3.58) might be ready to break out.  Let’s look at a chart.

The market had a rough time during the last half of the week.  The weakness started right after the Fed announcement on Wednesday afternoon.  Let’s see if this pullback is normal  or develops into something more.  Let’s take a look at the S&P500.

This little rising wedge pattern that has been developing since July is [...]

No one can sum up trading better than IBD.  Here is what they had to say.
During this uptrend, many institutional investors have apparently used the dips to step in and buy. That could explain why the Nasdaq hasn’t fallen more than 8% since March.
On Thursday, institutions didn’t step in and buy. But the Nasdaq’s [...]

Release Date: September 23, 2009
For immediate release

Information received since the Federal Open Market Committee met in August suggests that economic activity has picked up following its severe downturn.  Conditions in financial markets have improved further, and activity in the housing sector has increased.  Household spending seems to be stabilizing, but remains constrained by ongoing [...]

Here is a great opinion from today’s Wall Street Journal
Taxes, Depression, and Our Current Troubles
Tariffs, rising state and federal taxes, and currency devaluation ruined the 1930s, and they could do the same today.
By ARTHUR B. LAFFER

The 1930s has become the sole object lesson for today’s monetary policy. Over the past 12 months, the Federal [...]