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Daily Watch List Update
Dear Members: MARKET NOTE: I have found over the years that trying to trade successfully in a toppy market is very difficult. The reason being; when traders feel like they've missed a rally they feel compelled to try to join in the party. Often this…
Dear Members: MARKET NOTE: The Fed did its thing yesterday, including raising the Fed Funds rate by .25 and signalling additional raises next year. This resulted in a pullback yesterday followed by regaining the losses today. It is an interesting…
Dear Members: MARKET NOTE: It's Fed day and so far the major indexes are lower. Interestingly there were a few weaker than exected economic reports this morning, including retail sales, so some fresh data for the Fed to look at as they prepare to…