Daily Watch List Update
Dear Members: MARKET UPDATE The market is giving up some of yesterday's gains as the NASDAQ and S&P failed to close above key technical levels I mentioned in yesterday's update. So far the selling hasn't been all that deep but the bulls are back…
Dear Members: MARKET UPDATE In yesterday's update I pointed out that both the NASDAQ and S&P were technically oversold with the Dow moving right to an important support level that could lead to a bounce. We are seeing that bounce today. At the same…
Dear Members: MARKET UPDATE The market is picking up where it left off last week with all of the major indexes lower. The one difference this week - and it's not insignificant - is that stocks are now in oversold territory. For example, stochastics…