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This week the market had a very bearish tone.  The VIX was up, ending the week over 23 - This indicates confidence moving out of the market.  Gold was up for the week, adding strength to the bearish argument.  The DOW and NASDAQ also finished the week down.  www.AEStocks.com had a negative week as well.  Some of the stocks picked announced as we expected, but other variables showed to be overriding.  Next week, being a holiday week, should prove to be rather sluggish.  AEStocks.com has three picks for next week.

This entry was posted on Friday, June 27th, 2008 at 9:58 pm and is filed under AEStocks Weekly Wrap. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.