Lesson learned is to respect brick walls, especially when they happen in the Russell 2000-small caps or the index that led the whole way up. Another lesson is in following the flight to quality in interest rates. They dropped significantly …
Now, we go to a more day to miniswing trade since divergence and confused market
…
From last Thursday's comments: "Equally prepare for a run back to 14,000 or another round of selling ahead of the weekend. A correction in a bull phase is that unpredictable." And so you have it. The Dow went out at …
This content is for Premium subscribers only. Please register or click here to login.…
S&P 500 followed through after the brick wall highs Wednesday, never really enjoying an intraday rally and closing in the middle of the intraday range. NASDAQ tested and traded around the 50 DMA. The DOW tested Wednesday's low then retreated …
The indexes are still in bullish phases but with strong reversal patterns in play
…
Well, rip your face off alright, only now market looks more like Phantom of the Opera! Even though the FED in division is no real surprise as they could not support low rates forever and, the dollar firming has spooked …
With indexes extended, stock picking and narrower timeframes appropos
…
Is there a more creative way to say drift and grind? That is the theme from last week. At the end of the day, S&P 500 and NASDAQ went sideways, Russells firmed a bit and the DOW lagged. The indexes …
Yet another quiet session punctuated with some very robust moves in the oil services and energy sectors. S&P 500 continues its drift down, grind up action. Russell 2000 continues its grind to new highs. The Dow continues its sideways bounce …