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Daily Watch List Update
Dear Members: MARKET NOTE: We've got a brand new trading day, week and month as May gets underway. So far all of the major indexes are higher. The NASDAQ continues to be the weakest of the lot here as it remains below all key technical levels. But it…
Dear Members: MARKET NOTE: There's nothing positive about today's action for the bulls. Just when it looked like the NASDAQ might strengthen after lagging the Dow and S&P, today it is back below a very important level; its 50 day moving average, a…
Dear Members: MARKET NOTE: Now that the Fed and Q1 GDP is out of the way traders are free to buy/sell without worrying about the market reaction. That has already happened. Throw in the Bank of Japan holding rates in place - no further stimulus - and…