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Daily Watch List Update
Dear Members: Market Update: Yesterday the bulls were tasked with holding the line at 2704 on the S&P. It did dip below that level at one point in the session before bouncing and closing above that level, giving the bulls another day to try to get…
Dear Members: Market Update: I've been pointing out lately that the market had gotten to stretched, especially the NASDAQ. We can see that traders paid attention to that today with all of the major indexes lower. The VIX took note as well as it is…
Dear Members: Market Update: The bulls have had control of the market the past week and aren't in any hurry to give it up with all of the major indexes higher as we begin a new trading day and week. The buying of late has resulted in all of the major…