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Daily Watch List Update
Dear Members: MARKET NOTE: All of the major indexes are down in lock step today one day after the S&P failed once again to clear its 20 day moving average. It comes one day after the final presidential debate with traders now refocused on earnings…
Dear Members: MARKET NOTE: The market is at a key level right now. It could go either way. All of the major indexes are at key technical levels. The S&P is a few points below its 20 day moving average and the NASDAQ is below its 20 and 50 day moving…
Dear Members: MARKET NOTE: In yesterday's update I pointed to a disproportionately high number of puts to calls on the SPY with options set to expire on Friday. The move higher today has so far wiped out plenty of put premium and there are still…