Daily Watch List Update
Dear Members: Market Update: The shift in trader preference continues today with blue chips very much in favor while tech stocks continue to struggle. While the NASDAQ struggles to reclaim its 20 day moving average the Dow is at its highest level…
Dear Members: Market Update: I pointed out in yesterday's Market Update that dumping of some large cap tech stocks was the primary reason the NASDAQ was lower while the Dow and S&P held fairly well. Now today traders are back to scooping up some of…
Dear Members: Market Update: On the surface it looks like a very weak start to a new trading day and week. But underneath the surface there are some major tech stocks that are down 1-2% which is taking its toll on the NASDAQ while the Dow is flat and…