Dear Members: Market Update: Every once in a while the market behaves in a way that makes it even more difficult than usual to trade successfully. This is one of those times. This can be seen by looking at the VIX which is back near 20 compared to…
Dear Members: Market Update: The bears are finally building some momentum here and right on cue with the S&P getting within 10 points of key resistance earlier in the session. Really this selling is overdue; it's been non-stop higher since the…
Dear Members: Market Update: On Friday I pegged 2763 on the S&P as a key level of resistance, one that the bulls would need to clear to take the market higher, with 2800 the next key level of resistance. So far the S&P has cleared that first hurdle…