Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Dow Jones Industrial Average: Morning Report

  • Markets are trading higher this morning on details emerging from Europe on the debt crisis.
  • GDP came in slightly better than expected at 2.5%. Claims numbers stayed in the 400k area. 
  • The DJIA is trading in the strongest portion of a wave higher. Expectations are for a slow down in the pace of the advance over the next several hours. 
This analysis is not meant to be exhaustive, only a brief note. Trading involves substantial risk of loss. Analysis is subject to market condition, which can change at anytime. This analysis may not be updated until sometime after market conditions change. I am active in the Dow Jones Industrial Average and will go long or short at anytime as market conditions dictate.