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Daily Watch List Update
MARKET NOTE: Dear Members: The market is like a broken record these days. The NASDAQ shines and everything else is left behind. We're seeing that same thing today with both the Dow and S&P remaining below their respective 20 and 50 day moving…
MARKET NOTE: Dear Members: So, is the move higher in the NASDAQ and S&P something to get excited about today? I don't think so. I might change my mind later if buying picks up but right now both the Dow and S&P remain below key technical levels. Only…
MARKET NOTE: Dear Members: Yesterday's move higher came as traders had gotten overly pessimistic. This could be seen clearly in the equity only put/call ratio that almost touched 1.0 on Friday; everyone was betting against the market. That shifted…