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Daily Watch List Update
Dear Members: MARKET NOTE: The market got slapped around on Friday and today we're getting some "bargain hunting" as traders look for cheaper stocks. The move higher today is relieving for the bulls but I'm thinking this is just that; more of a…
Dear Members: MARKET NOTE: As pointed out in my Market Update yesterday when the masses are all long in unison it is a perfect set up for a correction. This is exactly what we are seeing today. The selling today is also causing technical damage on…
Dear Members: MARKET NOTE: Lately traders have been waiting for any pullbacks to jump in on stocks. This is particularly true for tech stocks that is coming off of an all time high. What this does is give the market a feel of invincibility; that it…