Daily Watch List Update
Dear Members: Market Update: It helps to look back at the lows back in December to appreciate how the bulls are hanging in just fine. Yes, the S&P put in a fresh all time high last week and then profit taking kicked in. But why wouldn't it? The S&P…
Dear Members: Market Update: The bulls are seeing how tough it is to make further progress once the S&P hit its recent all time high and profit taking kicked in. It makes sense that traders are being a bit more reluctant after that all time high was…
Dear Members: Market Update: The selling today can mostly be pinned on tech stocks which have been lagging for some time. Been tough for the NASDAQ to get in sync with the Dow and S&P; maybe traders are feeling a little risk adverse these days. Even…