Daily Watch List Update
MARKET NOTE: Dear Members: The VIX has caught my attention today. It's up 6% and importantly it's back above its 50 day moving average which has only happened a handful of times since last November. Something else I've noticed is the 20 day moving…
MARKET NOTE: Dear Members: I am mounting my case for a near term top in the market. There are a number of factors, including the following: 1-The VIX is up by almost 9% today as it tests its 50 day moving average from the downside even though the…
MARKET NOTE: Dear Members: The bulls get high marks for being stubborn here. Earnings season is winding down, every major index is technically overbought, the Fed is hinting at further rate increases and there are a lot of uncertainties facing the…