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Daily Watch List Update
MARKET NOTE: Dear Members: It's groundhog day. The S&P is hugging 2400 as no one seems to want to miss any rally that might occur should it clear the recent high of 2405. But traders are remaining very cautious; what they don't want to do is jump in…
MARKET NOTE: Dear Members: Here we are again with the S&P sitting right at 2400. Might this be the day the market makes the break? It could be; certainly traders are reluctant to let go of their long positions. The confidence seems to be there with…
MARKET NOTE: Dear Members: The market continues to trade in mo-man's land. Yes, the bulls have to be given the nod here; All of the major indexes are back above all key technical levels. Pullbacks are being bought. But the S&P remains stuck. Traders…