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Message: Tuesday Market, Nov 17

Tuesday Market, Nov 17

posted on Nov 17, 2009 10:20AM

On Pink Sheets - BEHL sp on an ever so slow rise over the last few trading days. Technicals for 15min and 60min showing Bullishness, while Daily indicates boredom. Well, ok, Daily shows some signs of perking up on the Stochastic and MACD, with crossing without conviction while OBV is unsupportive. Shareholders might be feeling a bit left out because there was no Monday PR. Technical difficulties on posting the conference call also may not be helping.

S&P500 down today after yesterday's Mutual Fund Monday. Some profit taking is to be expected after each pop of the Market. Overnight, the foreign markets were down. Retailers reporting today may confirm yesterday's consumer confidence numbers which could give the Market a boost.

Energy mixed. Oil was down at market open but OXY, very leveraged to oil price, is up slightly after a down open while other oil stocks are mixed. NatGas stocks pretty much all down. Solar feeling some Luv, with FSLR showing some strongly Bullish technicals.

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