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Daily Watch List Update
Dear Members: MARKET NOTE: The narrow range that I spoke about yesterday on the S&P, 2047 to the downside and 2067 to the upside shows the bulls have the upper hand today. In fact the S&P is now back above all key technical levels. At the same time…
Dear Members: MARKET NOTE: Traders entered the day willing to do a bit of nibbling , especially in tech stocks with the NASDAQ so oversold coming into the week. It's not up by much but its not lower either with the bulls knowing you've got to start…
Dear Members: MARKET NOTE: Our theme of late has been caution. And as you can see today all of the major indexes are lower. Part of today's decline can be linked to a weaker than expected job report. Instead of the market seeing this as a positive…