The Morning Call 3/28/11
Steve Cook on Disciplined Investing

Syndication

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News

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Have You Seen This?


The Market
    
    Technical

      Monday Morning Chartology

    The S&P busted through the very short term down trend was well as the old 1311 support turn resistance level.





    Notice the ‘pennant’ formed by the lower boundary of the intermediate term up trend and the quintuple top.  The direction of the break out of this formation, generally points to a much larger move in the direction of the break.







    The VIX still can’t make up its mind on direction.






   Fundamental
           
     News on Stocks in Our Portfolios
 

    Ten dividend paying growth stocks (medium)
    http://seekingalpha.com/article/260036-10-best-s-p-500-dividend-aristorcrat-growth-stocks?source=email_watchlist

Economics

   This Week’s Data

    February personal income rose 0.3% versus expectations of a 0.4% increase; personal spending was up 0.7% versus estimates of up 0.6%.
    http://www.calculatedriskblog.com/2011/03/personal-income-and-outlays-report-for.html

   Other

    On ending QE2 (short):
    http://pragcap.com/three-lessons-from-qe1-thoughts-on-the-end-of-qe2

    Europe’s economy continues to improve (short):
    http://mjperry.blogspot.com/2011/03/record-high-for-europes-leading.html

Politics

  Domestic

Obama’s latest potential appointee (short):
http://www.powerlineblog.com/archives/2011/03/028677.php

GE, corporate taxes and politics (medium):
http://www.nakedcapitalism.com/2011/03/ge-leader-in-tax-evasion-pays-virtually-no-tax-yet-got-bailed-out-in-crisis.html

    The US budget dilemma--a picture is worth a thousand words (chart):
    http://www.businessinsider.com/chart-of-the-day-us-government-spending-2011-3?utm_source=Triggermail&utm_medium=email&utm_term=Clusterstock+Chart+Of+The+Day&utm_campaign=Clusterstock_COTD_032511










Posted 03-28-2011 8:15 AM by Steve Cook