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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 …
Following the sectors/groups
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Way to go out on a high note! The Friday U-turn I wrote about happened, but not in just a few instruments; rather, in many.
The fledgling Country ETFs turned around nicely which means with any follow through this week, …
I began this week predicting Monday would set the tone for the rest of the week. Well, if digestion, choppiness and diversion were the tone, thenyes-but directionally in the indices not so much. I also predicted that Friday after the …