Interesting how attractive a major moving average can be as far as drawing an instrument to drop or rally to it. Such is the case with the S&P 500. After the Real Estate Exchange Traded Fund illustrated how an instrument …
"What's My Line?" $SPY $QQQ $IWM $DIA
Real Estate and Homebuilders gave the market an early warning once neither was able to rally off of the major moving averages. The initial reaction appeared to be more rate driven. Today, rates …
"What's My Line?" $SPY $QQQ $IWM $DIA
Real Estate and Homebuilders gave the market an early warning once neither was able to rally off of the major moving averages. The initial reaction appeared to be more rate driven. Today, rates …
The S&P 500 and NASDAQ closed sharply unchanged. Only the small caps firmed (IWM) but never cleared the high from last week. All in all, today was more digestion than a game changer one way or another although the pros …
The S&P 500 and NASDAQ closed sharply unchanged. Only the small caps firmed (IWM) but never cleared the high from last week. All in all, today was more digestion than a game changer one way or another although the pros …
"Fortune and Glory Kid, Fortune and Glory" $SPY $QQQ $IWM $DIA
From the low print last Thursday morning to the close last Friday, market recovered 2.7%. The Dow did not quite make it to new highs for the week. Moreover, …
"Fortune and Glory Kid, Fortune and Glory" $SPY $QQQ $IWM $DIA
From the low print last Thursday morning to the close last Friday, market recovered 2.7%. The Dow did not quite make it to new highs for the week. Moreover, …
About those reversal patterns. One key indication is when a new 60 day plus low is made (even more powerful when the low is on or near a major simple moving average), then it (depending upon which instrument) closes in …
About those reversal patterns. One key indication is when a new 60 day plus low is made (even more powerful when the low is on or near a major simple moving average), then it (depending upon which instrument) closes in …
Storm clouds forming now in Northern New Mexico. A thunderstorm in this case would be a welcomed relief to the fires that have been raging. Perhaps the now oversold conditions on the McClellan Oscillators will provide some welcomed relief for …
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