Not too crazy about a weakening US dollar for the ultimate best case scenario (the one where the improving US economic recovery takes the credit for the rally). Nonetheless, since we have been long across many groups and sectors since …
Although the S&P 500 closed down from Friday 3/16 to Friday 3/23, with very little damage, the market worked off some of the overbought conditions and more importantly, the irrational exuberance it was approaching. On the other hand, NASDAQ 100 …
Although the S&P 500 closed down from Friday 3/16 to Friday 3/23, with very little damage, the market worked off some of the overbought conditions and more importantly, the irrational exuberance it was approaching. On the other hand, NASDAQ 100 …
The resiliency of the market in the face of a lot of negativity is one not to be dismissed. Got a couple of head's up on piling up long this week with first the Dow (DIA), then the NASDAQ (QQQ)-both …
The resiliency of the market in the face of a lot of negativity is one not to be dismissed. Got a couple of head's up on piling up long this week with first the Dow (DIA), then the NASDAQ (QQQ)-both …
Divergence continues with semiconductors and transportation hanging tough and energy weak along with a breather in financials.
NASDAQ (QQQ) A new high and close in intraday lows. Certainly a head's up especially after the first signs of exhaustion from DIA. …
Divergence continues with semiconductors and transportation hanging tough and energy weak along with a breather in financials.
NASDAQ (QQQ) A new high and close in intraday lows. Certainly a head's up especially after the first signs of exhaustion from DIA. …
Best way to describe today is lackluster in the market's attempt to correct. Retail sector perked up. Commodities drifted lower. This is the scenario we have been watching for all year. And for active investors who have been trading the …
Best way to describe today is lackluster in the market's attempt to correct. Retail sector perked up. Commodities drifted lower. This is the scenario we have been watching for all year. And for active investors who have been trading the …
The Relative Strength Indicators on the weekly charts in S&P 500 (SPY) and NASDAQ 100 (QQQ) are clearly overbought which brings the top pickers out of the woodwork and except for some sprinklings of excitement here and there, makes the …