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Daily Watch List Update
Dear Members: MARKET NOTE: Its options expiration Friday with a twist. It's Quad Witching expiration that happens the third Friday of the end of each quarter where options of all asset classes are squared. This includes stocks, where volatility has…
Dear Members: MARKET NOTE: The market is getting some much welcomed relief today with all of the major indexes higher. This buying comes on the heels of some very weak economic reports this morning, giving the bulls added hope that the Fed will stand…
Dear Members: MARKET NOTE: In my Market Update yesterday I pointed to resistance on the NASDAQ near 5217. That was the exact level it got to before falling back and now today all of the major indexes are substantially lower as they look to retest the…