[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] July 2015 was a volatile month as investors had to navigate two potential external shocks (Greece and China) and digest a slew of economic and earnings data. After all was said and done, stocks ended the week and month higher after successfully testing critical support (bottom of the year-long…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] The major indices bounced off support earlier this week and remain range-bound as earnings continue to be released in droves. Tomorrow is the last day of the month and we don’t usually see a huge move on the last trading day of the month, quarter or year. Looking at…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] The major indices are bouncing from oversold and logical levels of support (200 DMA line in the S&P 500 & Russell 2000, and 50 DMA line in the Nasdaq 100). The market remains range-bound and the tape remains very split. Today we are seeing a lot of beaten down…
[su_spoiler title=”Monday-Wednesday’s Action: Stocks Drift Lower Top Of Range” style=”fancy”] Stocks edged higher on Monday helping the S&P 500 rally into resistance (top of year-long trading range) near 2130 area. The Nasdaq 100 and Nasdaq composite jumped to fresh 15-year highs and continue to out-perform the other popular indices. Overnight, the big story was a…