Dear All: There are 10 new setups for your review Report attached – Find Leading Stocks Report 07.02.18 Webinars: Our first webinar will be held in July and will be available on demand for those you who can’t watch it live. More details coming soon. Disclaimer: This…
Friday was the last trading day for the month and quarter. After the dust settled the market ended mixed for the month and slightly higher for the quarter. The big theme for Q2 was a bifurcated market whereby we saw strength in the Small Cap Russell 2000 and the tech-heavy Nasdaq 100 and relative weakness…
Market Update: Support Not Holding The title of Tuesday’s update was: “Support Must Hold.” As of Wednesday’s close, it didn’t. The market opened higher yesterday but closed lower which is not a healthy sign. But what concerns me about yesterday’s action is not only did it open higher and close lower—the major indices closed below…
Market Update: Support Must Hold For the last week and change I have expressed the importance of a near-term pullback and said defense is key. I didn’t know the pullback would be so fast and so severe but such is life. The Nasdaq and S&P 500 pulled into their respective 50 DMA lines and the…