Daily Watch List Update
Dear Members: MARKET NOTE: Yesterday was one of the first times we saw some technical damage in quite some time. It was one of the few times the S&P closed below its 20 day moving average in the past few months and the first time the NASDAQ touched…
Dear Members: MARKET NOTE: We're in one of those periods where no one wants to buy and no one wants to sell. As a result the Dow and S&P are flat while the NASDAQ is lagging. What's frustrating to the bulls is all of the major indexes remain above…
Dear Members: MARKET NOTE: I pointed out last week that traders seemed to have gotten more cautious in spite of a falling VIX, the primary reason being the narrow trading range in the S&P which has been unable to breakout to the upside yet has…