Daily Watch List Update
Dear Members: MARKET UPDATE The market remains on auto pilot and the market remains very overbought. It's just the way it is at the moment with the bulls refusing to relent. All of the major indexes have hit new all time highs today just ahead of the…
Dear Members: MARKET UPDATE Much of the same today with the market going nowhere but still holding up quite nicely. This is spite of both JP Morgan and Citigroup lower after reporting earnings this morning. The VIX is up slightly as it consolidates…
Dear Members: MARKET UPDATE The market remains strong and it remains overbought. The two can last together for a while, especially as we move into a seasonally favorable period of the year and also if traders simply refuse to sell their positions…