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I refuse to be lulled into complacency, but this is starting to feel familiar. The past seven trading days have seen the indexes open the day by testing/searching for support. After the support has been tested, theindexes then began their …
The morning was somewhat hair raising, as three of the four major indexes broke or threatened the low of last week. IWM and SPY broke the low but quickly recovered-closing higher. The Nasdaq (QQQ) held up the best. The Dow …
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This low volume week can be considered one of choppy digestion and correction. The indexes drifted lower however, I’m not getting overly bearish at this point. Although, I am exercising caution and closely watching the support levels in the four …
Prepared by Geoff Bysshe, and Mathew Mullins, filling in for Mish for Until August 30th.
Hi ~Contact.FirstName~
My August Office Hours Are Now 10:45 a.m. – 11:15 a.m.
This sound like a nice summer agenda to me:
Wake up around …
The Market Rarely Pleases Everyone For Very Long
The market action today offered something for everyone. The bears got a 3rd down day in the SPY, and the bulls got rewarded for buying the pullback in the Q’s to the …
Every correction starts with a down day, but of course, not every down day is the beginning of a correction. So just how important was today’s market retreat?
On the surface the today’s action seems rather benign, but there are …