Daily Watch List Update
Good morning! Market Update: The recent bull checklist has been something like this. First, stop the bleeding; check. Hold the 200 day on any selling; check. Next, get the VIX below 20; check. Clear the 20 day moving average on any rebound; check…
Good morning! Market Update: The market got off to a very nice start as comments from China gave traders hope for some type of trade resolution with all of the major indexes higher. So far all of the major indexes have moved back above their…
Good morning! Market Update: The VIX remains at elevated levels, over 20 at the moment, as traders now have 2-3 fingers on the sell button just in case things get ugly. Interestingly, even with the big swoosh lower on Friday and with the whipsaw…