Dear Members: First, I learned yesterday that Tom Bowley's father passed away. So I ask that we all keep Tom and his family in our thoughts. MARKET NOTE: It's a new day which means...? So far it means stocks are doing the opposite of yesterday with…
Dear Members: MARKET NOTE: Traders are so conditioned these days to sell on any mini bounces that they can't see any positives. For example, between yesterday and today we learned that the Fed won't be raising rates anytime soon, that oil appears to…
Dear Members: MARKET NOTE: We've seen for a long time now how hard it is for the market to hold any gains with all of the major indexes struggling this morning though they are all off their respective session lows. The weakness comes today courtesy…