Market Update: Trading Range Resumes Stocks fell hard on Tuesday sending the Dow, S&P 500 and Nasdaq back down below their declining 50 DMA lines. All things being equal, that is not a “healthy” sign. But things are rarely “equal.” Now the major indices are back below their 50 DMA lines, they are back in that…
Market Update: Watch The 50 DMA Line Stocks were very quiet on Monday as investors prepared for an very busy of earnings. GOOGL, UTX, VZ, and CAT are just some of the high profile companies that are in the news after reporting earnings since yesterday’s close. Scores more will be reporting over the next few days….
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Market Update: Watch The 50 DMA Line On Tuesday, the title of this section said, “Watch The 50 DMA Line” and then (like clockwork) the market broke above that important level. Now, the 50 DMA line should serve as near term support as the market continues to make its way through earnings season. As always, I…