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Daily Watch List Update
Dear Members: Market Update: On Friday I pegged 2763 on the S&P as a key level of resistance, one that the bulls would need to clear to take the market higher, with 2800 the next key level of resistance. So far the S&P has cleared that first hurdle…
Dear Members: Market Update: This going nowhere market is going...nowhere. Even though all of the major indexes are higher they remain well below the most recent highs as stocks continue to churn. The bulls have been unable to build on momentum while…
Dear Members: Market Update: So will the third time be a charm? It might be with all of the major indexes higher for the third morning in a row and traders wondering if this will be the day that gains actually hold. The VIX is down by almost 10%…