Dow closes at 12,977 after everyone celebrated 13,000 last week.FED said nothing new, but why should they do anything now? Furthermore, there is nothing new about the incredible divergence we see. Been singing that tune for months! So, what's changed? …
Even with FED meeting, these condition 1 stocks are a main focus
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For now, while we await the FED meeting to yield anything tangible other than the usual rhetoric, the market is telling us that the recent rally was to resistance, and even with the positive phase, euphoric calls for new highs …
Signals to look for and a bit on slingshots
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Signals to look for and a bit on slingshots
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Appreciated the respite after last week's roller coaster ride. And, makes sense with a FED meeting coming up next couple of days. The respite also points towards positive digestion of the recent move considering the bull phase and good accumulation …
There were signs with IWM and QQQ-not all sat pretty last week
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Party like the Dow is over 1299! I was a Commodities trader on the NY Commodities Exchanges for years. I never thought I would live to see a world where the US stock market swings 100 points plus per day …
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David Copperfield is a master of sleight of hand. The market is a master of illusion as well. It gapped over Wednesday's high for sure. But once the rabbit was pulled out of the hat, it wiggled its nose at …