Really, until the market breaks the range of the first two weeks one way or another, this is noise! However, I noted all last week how disturbing and potentially disruptive the many sectors and groups floundering as 3 out of …
Well that sure cleared things up, NOT! What do you do with this type of diversion lately with earnings season gearing up (Intel dropped post earnings giving Semiconductors (SMH) indigestion). And, what about those poor folks long Best Buy down …
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The Rules For You to Follow and Share With Us
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At the 2-week mark for 2014, NASDAQ closed on new highs along with the Russell 2000s or small caps. The S&P 500 tested, but closed just shy of new highs while the Dow, has a lot more to prove.
However, …
Buying Weakness/Strength and Hybrids Mostly
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Since we dutifully waited on the dock for the next party boat to pull up rather than head back to shore; we boarded, taking the long (pun intended) walk up the plank. Now, we revelers are riding the mechanical bull.…
But always with a plan
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The first day of 2014 began with negative price action. Now, as we approach the 2 week mark, the writing appears to be on the wall.
With the spectacular moves in certain sectors and with only a few longs, I …