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Daily Watch List Update
Dear Members: MARKET NOTE: Finally some decent economic reports this morning including retail sales and Michigan consumer sentiment. So, does that fall under the good news or bad news category? It all depends on what you are hoping for. On the one…
Dear Members: MARKET NOTE: There's a reason we've been in caution mode for a while. The market remains challenged here with all of the major indexes lower. Not surprisingly the NASDAQ is leading the move lower; tech stocks have been roughed up…
Dear Members: MARKET NOTE: Traders are pocketing some of the profits from yesterday's nice move higher. As a result all of the major indexes are lower. So far the S&P has held all key moving averages which is a plus. In addition, the VIX is fairly…