[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] The Greece news remains front and center as stocks are trying to bounce today after Monday’s very steep sell off. The bounce does not look “strong” which is not ideal for the bulls. In the short term, the bulls are trying to defend the 200 DMA line for the Dow…
[su_spoiler title=”Monday-Wed Action: Stocks Rally On Greek Proposal” style=”fancy”] Stocks rallied nicely on Monday after Greece submitted a new proposal to its creditors. Germany’s Finance Minister Wolfgang Schaeuble said he does not see anything new in the proposal which quickly curbed the market’s enthusiasm. Meanwhile, economic data and M&A activity continued to help markets. Existing…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] In the short-term the market remains range-bound while the intermediate and long term action remain strong. All the major averages are only 1-3% below their record highs which is a strong sign of strength. To be clear the tape remains very split with so many areas breaking down and acting…
Earlier today the Supreme Court upheld the subsidies for the Affordable Care Act (a.k.a Obama Care). Politics aside, here’s how you can profit from this law. Please keep in mind that many of these stocks are extended in the short term. Here is a short list of hospital/health care stocks for your review: 10…