Market Update: To be clear, stocks are strong and the market definitely deserves the bullish benefit of the doubt until we see any serious selling emerge. The S&P 500 and DJIA broke out yesterday (above near term resistance) and the key now is to see if the breakout holds or if it rolls over and frustrates…
Dear All: 1. There are 10 New Tactical Trade Setups In This Week’s Report: 2. Recent Media: Forbes: The Fed Is Playing Chicken With The MarketFriday, May 27, 2016 CNBC:Stocks struggle for gains ahead of Yellen; investors eye oilThursday, May 26, 2016 Forbes: The Weakest Social Media Stock Just Got WeakerTuesday, May 24, 2016 Reuters:…
Market Update: After a nice two week rally, the market tried pulling back yesterday and today but the buy the dip crowd showed up and bid stocks higher. The S&P 500, Nasdaq and Russell are now positive for the week which is a near term positive. Earlier today, the financials were selling off but the…
Dear All: Happy Memorial Day! 1. There are 10 New Tactical Trade Setups In This Week’s Report: 2. Recent Media: Forbes: The Fed Is Playing Chicken With The MarketFriday, May 27, 2016 CNBC:Stocks struggle for gains ahead of Yellen; investors eye oilThursday, May 26, 2016 Forbes: The Weakest Social Media Stock Just Got WeakerTuesday, May…