Daily Watch List Update
Dear Members: Market Update: We're finally getting a day of well rounded selling with the NASDAQ participating in a big way instead of getting a pass with all of the major indexes lower as we begin a new trading day and week. More talks of additional…
Dear Members: Market Update: I wasn't crazy about the market action yesterday and not much has changed today except the oversold Dow is getting a bit of an overdue bounce while the NASDAQ is the laggard. Laggard isn't even the right word; tech stocks…
Dear Members: Market Update: I can tell you that the market action of late is not healthy. When you have a handful of stocks performing at extreme overbought levels while many stocks are left behind it becomes unsustainable. And when the market…