Dear All: 1. There are 10 New Tactical Trade Setups In This Week’s Report 2. Recent Media Appearances: WSJ: Why China’s Selloff Isn’t Bringing Down U.S. StocksThursday, February 25, 2016 CNBC: Dow jumps triple digits as oil gains; financials leadThursday, February 25, 2016 CNBC: Stocks mixed despite oil slide; Nasdaq holds higherFriday, February 19, 2016 CNBC: Dow…
Market Update: The oversold bounce continues (for now) as stocks staged a huge positive reversal on Wednesday and the Dow Industrials (DJIA) & SP500 (SPX) jumped above important areas of resistance (Feb’s high and their 50 DMA lines) on Thursday. For the month, the DJIA and the SPX are both positive which is also bullish….
Market Update: The market is pulling back after the major indices smacked into formidable resistance on Monday (declining 50 DMA lines and Feb’s high/the middle of the double bottom pattern). So far this is perfectly normal to see stocks “back and fill” a little as the market pauses to digest the recent (and robust) rally…
Dear All: 1. There are 10 New Tactical Trade Setups In This Week’s Report 2. Recent Media Appearances: CNBC: Stocks mixed despite oil slide; Nasdaq holds higherFriday, February 19, 2016 CNBC: Dow up 250 points as oil surges 11%; banks jumpFriday, February 12, 2016 CNBC: Dow, S&P Off 1% AS Europe Plunges; Oil EyedThursday, February 11,…