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Daily Watch List UpdateDaily Watch List Update
Dear Members. Sorry for the delay; I am in travel mode so was unable to get a full update out today. Key at this point is to see if the S&P can close back above its 50 day moving average, currently at 2936 as a close below that level could…
Dear Members: Market Update: In yesterday's update I pointed to bond yields needing some relief which in turn could be bullish for stocks and we are seeing today a bounce in rates and stocks alike. At the same time the VIX is down another 9%, back in…
Dear Members: Market Update: If you're a bull and you're looking for any signs at all that might help you determine if the worst of the selling might be over look no further than government bond yields with the 10 year Treasury note touching 1.59%…