Daily Watch List Update
Dear Members: Market Update: The market remains in refusal to go down mode with the NASDAQ hitting another all time high as it clears 7700 for the first time in history and as traders turn once again to tech stocks. While the NASDAQ is showing…
Dear Members: Market Update: In some ways the market is in "no-man's land" with the caveat that the bulls seem to have an edge here. On the one hand the major indexes are flirting with overbought territory. On the other hand, and as we've seen first…
Dear Members: Market Update: In some ways the bulls should be pleased that some steam has been let out of the overbought NASDAQ while traders are putting some money into non-tech stocks with blue chips showing signs of life. For quite a long time now…