Daily Watch List Update
Dear Members: Market Update: When the market gets oversold bargain hunters come in. When the market gets overbought, like it has recently, traders like to lock in profits. The NASDAQ got very overbought thus the selling in tech stocks today while the…
Dear Members: Market Update: The bulls have done a terrific job of late, going back to the most recent bottom in early May and holding at important levels the few times selling kicked in. Now we're at a point where the NASDAQ is technically…
Dear Members: Market Update: Just when it looked like the S&P might get some distance from the 2742 level that it's had trouble moving above traders decided to lock in some profits even in the NASDAQ which earlier in the session hit a new all time…