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Daily Watch List Update
Dear Members: MARKET NOTE: In the scheme of things today's selling is not that bad. But what it does show is a reluctance to commit additional capital in an already stretched market. The bulls do get credit for taking the NASDAQ to an all time high…
Dear Members: MARKET NOTE: Fed Chairwoman Janet Yellen is on the hot seat today as she speaks before Congress. So far stocks are mixed with the Dow up slightly and the NASDAQ an S&P showing more strength. On the one hand I admire how the market has…
Dear Members: MARKET NOTE: So what's going on today? First of all the Dow is taking a day off, at least so far. It needed it; way overbought. Tech stocks are showing renewed strength after lagging the past week with the NASDAQ closing in on 5300. The…