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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
New multi-year high close in S&P 500, Russell 2000, but more sideways which is better than down, in the DOW. NASDAQ had a new high close for 2013 but has not cleared the 2012 high-not even close. All in all, …
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