If you put flowers in your hair today thinking all is good in the world again, they most likely wilted by the end of the day. Yes, the Dow closed over 14,000 but the indexes failed to hold Wednesday highs …
Some longs and shorts
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Ok, so make that a line from Mamas and the Papas: "Monday, Monday; Can't Trust That Day!" The Dow is back over 14,000 and even Ben Bernanke admits that higher rates is GOOD for the US economy-something this armchair economist …
The picks why and how to trade them
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Market recovered more than ½ of Monday's losses and several instruments tested and held the 50 DMA. However, only DIA of the four indexes were able to cross back over their floor trader midpoint which makes today encouraging yet indecisive. …
Either outperforming or really beat up against major moving averages
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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
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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 …
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