FLS – Weekend Report… 09/03/2016

FLS – Weekend Report… 09/03/2016

Dear All: 1. There are 10 New Setups In This Week’s Report: 2. Recent Media: CNBC: Stocks Recover Most Losses; Materials Lead Thursday, September 01, 2016 CNBC: Stocks close mixed after Fed commentary; Nasdaq snaps 8-week win streak Friday, August 26, 2016 Reuters: Financials Lift Wall Street As Rate Hike Optimism Grows Thursday, August 25,…

FLS Update: Tick-Tock – Markets Wait For Jobs Report… 09/01/2016

FLS Update: Tick-Tock – Markets Wait For Jobs Report… 09/01/2016

Market Update: The market has moved sideways over the past 7-weeks as the it pauses to digest the very strong 10% post brexit rally. Thus far, the action remains healthy as the moving averages are playing catch up. The Dow Jones Industrial Average is testing its 50 DMA line and the bulls are doing their…

FLS Update: Little Selling Showing Up Underneath The Surface… 08/30/2016

FLS Update: Little Selling Showing Up Underneath The Surface… 08/30/2016

Market Update:   All eyes are on Friday’s jobs report. Yesterday was a big “up” day and the market and many areas gave it back today. Overall the action in the major averages is still good but we are beginning to see some areas break down.  Gold/Silver stocks topped out and are now heading lower….