FLS Update: End of Quarter Romp and Market Flirts With Resistance… 06/30/2016

FLS Update: End of Quarter Romp and Market Flirts With Resistance… 06/30/2016

Market Update: Tuesday morning, Draghi juiced markets when he said central banks need “more coordination.” That basically gave investors (and central banks) the ‘All Clear’ to buy stocks and ramp the market into the end of month/end of quarter.    The action we have seen over the past few days is not “normal” by any…

Tues Pre-Market: Oversold Bounce Into End Of Month and Qtr… 06/28/2016

Tues Pre-Market: Oversold Bounce Into End Of Month and Qtr… 06/28/2016

We received quite a few thank you notes for adopting our cautious stance BEFORE Brexit and largely sidestepping the damage. That’s exactly why we are here & why we created this service for you.   Market Update: The damage since Friday is enormous, markets are currently oversold and due to bounce. That’s what we are seeing this…

FLS – Weekend Report… 06/25/2016

FLS – Weekend Report… 06/25/2016

Dear All: 1. There are No New Setups In This Week’s Report: 2. Recent Media: CNBC: Dow tops 18K as stocks surge more than 1% ahead of Brexit vote resultsThursday, June 23, 2016 Reuters: US STOCKS-S&P 500 futures fall as ‘remain’ barely leads in early UK vote countThursday, June 23, 2016 Reuters: Sarhan in Reuters: Wall Street set…