With the possibility of NASDAQ reversing, caution at best
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Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish for Until December 13th.
"Beware of profit taking" was my closing sentence yesterday and today it's where I start in preparation for tomorrow.
The Fed had a lot to …
Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish for Until December 13th.
Wednesday the Fed is expected to announce its replacement plan for the soon ending Operation Twist. Today's run up suggested the market is getting more …
Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish for Until December 13th.
There were some nice moves in our individual stock selections but the indexes were very quiet. As a result subs will find today's stock selections …
Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish for Until December 13th.
Better than expected jobs data led to a gap higher, but worse than expected sentiment data, Fiscal Cliff banter, and AAPL made it difficult for …
Inside day in all the indexes except NASDAQ only because it took out prior day low by 2 cents. The technical picture is exciting. With the indexes slowly but surely improving phases (S&P 500 went to an unconfirmed bullish phase), …
Low risk is the main thing
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Does the market need AAPL? Maybe, best answer. Although S&P 500 had a range expansion and good day, it still failed to cross above the 50 DMA for a positive phase change. Russell 2000 held the 50 DMA once again, …
Pointed out many swing trades-are you writing and keeping a plan?
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Another low volume drift with the most significant phase change in the DOW with the confirmed distribution. Also significant is that NASDAQ held onto the 200 DMA keeping the warning phase intact and Russell 2000 or the small caps held …