Morning folks. Market is showing some slight weakness this morning with the spy down .6% premarket as traders digest the huge move thats been made the past week and await the upcoming earnings season along with a vote in slovakia on the eurofund. Amazing day in the markets yesterday as we started off with a …
Evening folks. Interesting week we have ahead of us. We are smack right in the middle of our tradign range with declining 50dma coming right on top of us. It is looking like we might test that area as soon as tomorrow. We have been fading at that spot numerous times it wont be easy …
Morning folks. Looks like another gap higher in the market to start off the day with additional news overseas on bank recapitalizations along with some european quantitative easing. After another late day 3pm surge in the markets yesterday we are right back towards a resistance zone. Eveyone will be keeping an eye on the 20dma …
Morning folks. Market looking a slightly weak open. Futures gone back and forth from green to red and back. Looks like we are going to be pretty flat at the open. Overseas markets were very strong with the German markets up around 3%. Today is a tricky day as we had a nice day yesterday …
Morning folks. Looks like we are heading for a lower opening. We are looking at nearly 2% gap down on the s&p. Oil is getting nailed again down 1.6%. After yesterdays breach we have some more bearish implications longterm. All eyes will be on bernanke today to see if he hints of any type of …
Good morning folks. Market is looking like a gapper here with the SPY down about .5% premarkt. The overseas markets were very weak last night spilling over into our open over continuing concerns over greece. GLD AND SLV (GOLD AND SILVER) are both gapping up strongly with silver looking at a 3.5% pop and gold …