Market Update: The market is pulling back after the major indices smacked into formidable resistance on Monday (declining 50 DMA lines and Feb’s high/the middle of the double bottom pattern). So far this is perfectly normal to see stocks “back and fill” a little as the market pauses to digest the recent (and robust) rally…
Dear All: 1. There are 10 New Tactical Trade Setups In This Week’s Report 2. Recent Media Appearances: CNBC: Stocks mixed despite oil slide; Nasdaq holds higherFriday, February 19, 2016 CNBC: Dow up 250 points as oil surges 11%; banks jumpFriday, February 12, 2016 CNBC: Dow, S&P Off 1% AS Europe Plunges; Oil EyedThursday, February 11,…
Market Update: In the last 4 trading days the S&P 500 has soared 120 points or 6.6%! That is not an insignificant sum and now extended to the upside (in the short term). Remember, the biggest moves (both up and down) in the market’s history tend to occur during bear markets. It is important to…
Housekeeping: There will only be one intra-week update next week because of the holiday. Dear All: 1. There are 10 New Tactical Trade Setups In This Week’s Report 2. Recent Media Appearances: CNBC: Dow up 250 points as oil surges 11%; banks jumpFriday, February 12, 2016 CNBC: Dow, S&P Off 1% AS Europe Plunges; Oil EyedThursday, February…