Beverly Hills 12/31/2009 12:26:55 AM
News / Business

‘Waiting For a Clue, Up or Down’ Analyst Brooks Talks About Market Movement

George Brooks’ Brooksie’s Market Blog, EQUITIES Magazine

In his daily update, analyst George Brooks talks about where the market might go today, and what the means for January.

 

“Today: Down at the open on the order of 45 – 65 points in the DJIA by 10 o’clock. Looks like some last minute tax selling in 2009 big winners. Expect the selling pressure to ease mid-afternoon and a firm close as the DJIA rallies off its low in the 10,460-10,485 area…”

 

To continue reading this post and to read more of George Brooks’ Market Blog, click here.

 

About George Brooks:

 

George Brooks started in the investment business as a stock broker in 1962 and quickly gravitated to the research end of the business, first undertaking his own vast study of fundamental and technical analysis, then taking a position as director of stock market and economic studies for a leading money manager and publisher. In 1973, he formed his own firm to provide daily market timing and stock selections for two regional NYSE member firms, as well as special situation research and written analysis for leading investment advisory publications.

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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