Daily Watch List Update
Dear Members: Market Update: In yesterday's Market Update I mentioned that the bulls could benefit if the S&P moved back above its 50 day moving average, something that hasn't happened in a month. They got that this morning and in fact all of the…
Dear Members: Market Update: The bulls were hoping to get the new trading day and week off to a good start and so far so good with all of the major indexes higher and over their respective 20 day moving averages. The VIX is down almost 4% as traders…
Dear Members: Market Update: Given the recent volatility in the market, nothing about today's action is surprising. Already today, the Dow tested its 50 day moving average to the upside and the 20 day moving average to the downside. Both the NASDAQ…