As expected, a slow, low volume day with NASDAQ and Russell 2000 declining beneath the fast moving averages, while S&P 500 and Dow Jones, hold steady above. NASDAQ tested and held the 50 DMA which means the leaders will be …
As expected, a slow, low volume day with NASDAQ and Russell 2000 declining beneath the fast moving averages, while S&P 500 and Dow Jones, hold steady above. NASDAQ tested and held the 50 DMA which means the leaders will be …
Looking at last week, the market closed higher clearing the fast moving averages, which is what we looked for as the week began. On an intraday basis, choppy, thin and what sometimes seems like manipulated trading prevailed. This is a …
Looking at last week, the market closed higher clearing the fast moving averages, which is what we looked for as the week began. On an intraday basis, choppy, thin and what sometimes seems like manipulated trading prevailed. This is a …
Nice consolidation at these high levels ahead of the jobs report. (Expectations are for a rise to 8.2% from 8.1% so anything much worse or better will have an immediate impact.) All indexes over the fast moving average which means …
Nice consolidation at these high levels ahead of the jobs report. (Expectations are for a rise to 8.2% from 8.1% so anything much worse or better will have an immediate impact.) All indexes over the fast moving average which means …
Feels like we are trading in a sequel of The Fast and the Furious. Fast moving average? The Furious 50 DMA? It's all good though since when markets digest near higher levels, generally, that is a good sign. Key is …
Feels like we are trading in a sequel of The Fast and the Furious. Fast moving average? The Furious 50 DMA? It's all good though since when markets digest near higher levels, generally, that is a good sign. Key is …
Nice to see some of the sector and groups in the green-real estate, energy, homebuilders, semiconductors, transportation, financials. Retail struggling still. Now perhaps the indexes can finally cross the fast moving averages. That is what we will be watching for. …
Nice to see some of the sector and groups in the green-real estate, energy, homebuilders, semiconductors, transportation, financials. Retail struggling still. Now perhaps the indexes can finally cross the fast moving averages. That is what we will be watching for. …
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