Daily Watch List Update
Dear Members, KEY EARNINGS REPORTS: Monday: NG, TECD Tuesday: AA MARKET NOTE: The selling continues. The S&P 500 had a negative divergence on its 60 minute chart early Friday morning, which perhaps started the selling. The problem, however, is that…
Dear Members, KEY EARNINGS REPORTS: Friday: AZZ, KMX Monday: NG, TECD MARKET NOTE: Impulsive selling has taken over the market. We saw a brief rally earlier this week in momentum names, but that rally is clearly over. Many of these stocks have been…
Dear Members, KEY EARNINGS REPORTS: Thursday: GPN, MU, SCHN Friday: AZZ, KMX MARKET NOTE: Money continues to rotate away from aggressive areas of the market and that's a negative development for the sustainability of the attempted 2014 rally. Be…