Stock Market
All comments and Stock Market Ananlysis are made by Guy Brumley. Guy has been trading the Stock Market daily since 1992.
Trading, evaluating stock prices and predictions
Stock Market Commentary 8-25-2009
The market traded flat on Monday, with no news to push in any direction.
Tuesday, we have Case-Shiller Home prices, and Consumer Confidence to give a current snapshot of the slowing of the recession.
The Transports gave back 19 points, with all of yesterday’s stocks being flat to lower.
The new high list has two semiconductor stocks that are worth comparing.
STEC and TQNT. The first I have mentioned before and the second are new. STEC is trading 48 times earnings, and TQNT is 20 times.
The market has changed from the second quarter. There were easy trades in March through May. Now, we need help from a strong economy to confirm the prices of most stocks.
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