If you stayed one step ahead during Thursday’s session, most likely you stood on the sidelines and watched the digestion at these levels. Except in NASDAQ, this digested while making new highs. That brings me comfort even though there are …
And what I am looking for now
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And what I am looking for now
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Ever since the Labor Department reported the lowest participation rate in employment since 1978 followed up by a weaker than expected retail sales last week-it seemed clear that buying the bull phase and the comments I’ve been making about the …
Exits and Entries and the importance of time
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The market took a giant pause-ok-poetic license-with inside days (when the range of the day is literally inside the range of the day prior) in the S&P 500, NASDAQ and Russell 2000s. The Dow nearly had one, but took out …
Now we wait, but in very fine shape
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Folks at home will hear the reports that the Dow closed up 118 after trading much higher intraday. It closed very close to the intraday lows, but also held the gap way better than any of the other indexes did. …
Never hurts to lock in and manage the balance for more upside potential
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Rather docile, slow grinding rally to end an already strong week. Some equivocation by the “experts” on whether or not the FED will taper given the tepid retail sales number. Whatever, the Dow continued to firm, along with the small …