Daily Watch List Update
Dear Members: MARKET NOTE: It's hard to argue with the bulls these days, especially if you are long in tech stocks. In fact the NASDAQ hit a new all time high today. My observation is that the recent move higher in the NASDAQ has been driven mostly…
Dear Members: MARKET NOTE: Let's examine what's going on today as we move deeper into September and with the three day holiday weekend behind us. First, the S&P remains in consolidation mode. Yes, it's back above all key technical levels, but it's…
Dear Members: MARKET NOTE: Let's examine what happened this morning. The monthly non-farm payroll report came out weaker than expected. This follows yesterday's ISM report which showed a contracting manufacturing sector. Put together they probably…