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Daily Watch List Update
Dear Members, KEY EARNINGS REPORTS: Wednesday: None Thursday: FDO, INFY MARKET NOTE: Alcoa (AA) did not disappoint traders and is being rewarded for a better-than-expected Q2 earnings report. That's provided a bit of a lift to the overall market…
Dear Members, KEY EARNINGS REPORTS: Tuesday: AA, BOBE Wednesday: None MARKET NOTE: The additional selling that I discussed yesterday has occurred. The problem is that the short-term support levels discussed have shown little or no buying interest and…
Dear Members, KEY EARNINGS REPORTS: Monday: None Tuesday: AA, BOBE MARKET NOTE: The selling today could be the result of the slowing momentum that became apparent on the NASDAQ's 60 minute chart on Thursday or perhaps just some profit taking from the…