Charts Look Bearish, But Shorting Here Could Be Risky

George Brooks | |

Investor’s first read      - Brooksie’s edge before the openWednesday, May 16, 2012        9:15 a.m. ETDJIA:  12,632.00S&P 500:   1330.66Nasdaq Comp.: 2893.76Russell 2000: 

Equities Sector Coverage: Wall Street Tumbles Ahead of Earnings

Sector Recap | |

The Dow Jones Industrial Average declined to 12,710.56 staying below its 50-day simple moving average at 12,985. If this trend continues it will confirm that the Dow peaked at its 52-week high at Sector Coverage: Stocks Fall Lower Ahead of Fed Speech

Sector Recap | |

Initial Jobless Claims rose to 417,000 in the latest week well above the 350,000 recessionary threshold. The Dow Jones Industrial Average traded up at the open to 11,406.39 on the news that Warren

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