Daily Watch List Update
Dear Members: Market Update: The S&P touched key resistance two days in a row after having bounced substantially off the bottom which was a perfect set up for some profit taking as we are seeing today. And once again the NASDAQ remains the most…
Dear Members: Market Update: The market had gotten so oversold that once the uncertainty surrounding the mid-term elections was over traders joined in unison in buying stocks. Once the S&P cleared its 20 and 200 day moving averages the next key level…
Dear Members: Market Update The mid-term elections are over and traders seem to be pleased with the results with all of the major indexes higher. The VIX shows a collective sigh of relief as it is down 12%, back below its 20 day moving average and…