Well look at that- S&P 500 cleared the nasty candle high from 2/28-in fact, one week ago today! However, the Russell 2000 could not nor NASDAQ. The Dow, on the other hand, which has a very different looking chart, looks …
Hard to be too upset with anyone right now. And honestly, not great state of mind for objective trading anyway! The nagging candles at the recent highs are still in sight, but that's the rub-they are in sight and not …
Hard to be too upset with anyone right now. And honestly, not great state of mind for objective trading anyway! The nagging candles at the recent highs are still in sight, but that's the rub-they are in sight and not …
If you put flowers in your hair today thinking all is good in the world again, the flowers most likely wilted by the end of the day. Yes, the Dow closed over 14,000 but the indexes failed to hold Wednesday …
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 has been writing about for a long time! But, before we put flowers in our hair, let's …
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 has been writing about for a long time! But, before we put flowers in our hair, let's …
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 …