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Daily Watch List Update
Dear Members: MARKET NOTE: The market is off to a weak start as we begin a new trading day and month. We can see that so far the Dow and S&P have moved back below their respective 20 day moving averages something that looked very possible coming into…
Dear Members: MARKET NOTE: In yesterday's update I pointed to the fact that all of the major indexes were hanging by a technical thread. Today we're seeing that play out some with both the Dow and S&P back below their respective 20 day moving…
Dear Members: MARKET NOTE: You can see why it is so tricky to get aggressively long or short these days. As I write this update the S&P is hugging its 20 day moving average as it keeps everyone in suspense. It's not moving higher but it's not moving…