Daily Watch List Update
Dear Members: Market Update: We've had two days of buying after getting slammed with all of the major indexes higher. The market went from extremely overbought to extremely oversold so a bounce was almost inevitable. The VIX has fallen sharply as…
Dear Members: Market Update: Less than two weeks ago I was reminding members how technically overbought the market was with stochastics near 100 and RSI's in the mid 80's on all of the major indexes. Now we are seeing a much different picture with…
Dear Members: Market Update: The market has gone from being extremely overbought to fairly neutral with all of the major indexes lower but well off session lows. Even with the great deal of selling last week and into this morning traders are…