Dear Members: MARKET NOTE: The market is up slightly while the VIX is up over 4% as it remains above all key technical levels. That's very telling to me; the market is back to being on high alert. Though all of the major indexes are higher the Dow…
Dear Members: MARKET NOTE: It's already a very interesting day. The first reading of Q3 GDP came out stronger than expected, indicating the US economy is in better shape than many people think. On the surface that's a good thing. But the market has…
Dear Members: MARKET NOTE: The S&P has spent the past six weeks trying to clear its 20 and 50 day moving averages without success. In fact its been an exercise in futility which has made it near impossible for any advance higher. In the meantime the…