A macro view, a few buy and holds, the rest, mini and position swings
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Guess what I’m happy to report? No, it’s not that biotechnology continues to rock and roll making new highs yet again (although that is not too shabby considering I have been on top of that group forever!) And it’s not …
Trends to watch long and short with some trading strategies thrown in
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S&P 500 managed a close in the green and above 164.35 which was a resistance level coming into Tuesday, until it became a support level end of day. However, the phase remains in warning, albeit, weak warning. The market reacted …
Will focus on forecasted moves as we head into final quarter 2013
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Hi everyone! I am back from a long and wondrous break. First, big shout out to Geoff Bysshe and Matt Mullins for filling in for me so exquisitely. Thank you so very much!
Now, the market-ahh, the market. Before I …
This is beginning to look better! However, my guard is still up and we can’t get complacent. The indexeshave held up well since Tuesday’s alarming drop, and are beginning to test higher levels. The Russell 2000 (IWM) and the S&P …
All four of the major indexes closed higher than yesterday’s close, although not very impressively. Recent support was held in the Russell 2000 (IWM) and the S&P 500 (SPY). However, both indexes were unable to clear the key levels that …
Today’s market action was very concerning on both a technical and fundamental level. The four major indexes gapped lower this morning, spurred on by fears of the escalating situation in Syria. Crude (UCO)prices jumped and the United States Oil Fund …