Daily Watch List Update
Dear Members: MARKET UPDATE We've got a mixed picture today as details of proposed tax reform start to take shape. So far the announcement has been met with a so-so response, not surprising considering it's been talked about for a very long time. In…
Dear Members: MARKET UPDATE All of the major have given up early gains and are now in negative territory as traders start to question the near term direction of the market. This continues to be especially true of the NASDAQ which tested its 20 day…
Dear Members: MARKET UPDATE On Friday I pointed to important support on the S&P at 2484 and it would not be surprising to get there. This morning the S&P got as low as 2488 as traders decided to take profits on all of the major indexes, especially…