Evening folks. Markets down with the s&p fading about 1.26% and the nasdaq and russell down 2%. We started off weak today and then tried to make a go at the range highs of spx 1230 but quickly faded. After that the market pingponged back and forth between support/resistance for a couple hours before breaking …
Evening friends! here is the watchlist for tomorrow. I kept it short. almost all the stocks show the same pattern big runs off bottoms run right into resistanc/moving averages and had 1st down day today. All those stocks are still near enough to resistance where they can be on your short list if you need …
evening folks. Crazy week in the markets last week with the s&p up nearly 6% and the russell2k closing up almost 9%. We have a worldwide squeeze going on the past 2 weeks as much of the headline risk overseas has temporarily dissapated. The first video is a look at the market indices . 2nd …
Morning folks. After yesterdays late day rebound and google’s earnings market is gapping up with the SPY trading up 1.2%. Yesterday we had our first test of weakness and the market rebounded end of day for a nice run. With a higher open today we will be testing the top of the range again. If …
Evening folks. Nice day today in the markets we started with a weak open and opening gap reversal to turn the market green. We were in pretty tight zone today with very little movement to the upside or downside. Any little dip today was getting bought and we never really had a serious chance of …