Morning folks looking like a flat open so far. Well that underlying strength that we had seen in the market the past week amidst the crazy news cycle finally evaporated. We started off low and kept cascading lower as the market looked for support but just couldnt find it anywhere breaking through 20dma and 50dma. …
Morning folks. Market looking like a gap lower this morning. SPY down .7% premarket. We will mostly like open lower then the 20dma giving us our next level of support at the 50dma in the s&p. Overall not much action in the market. This type of choppiness is typical this time of year along with …
Morning folks. Market looking like we might have flat to slightly higher opening today. Commodities are looking flat this a.m. except for oil which is seeing a .5% pop so far. The market was weak pretty much from the getgo yesterday the gap down pretty much set the low of the day and then we …
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Morning folks market looking at a flat open today after yesterdays big run. WE have a .5 % bounce in GLD (GOLD) AND 1% slv (silver). OIl is looking flat this morning. Overall yesteday was a pretty good day. We were really eyeballing the spx 1331 level where the gap up yesterday landed once we …
Morning folks…market looking light a slight gap up this a.m. SPY ticking up at .56%. GLD down slightly .26% with SLV (Silver) down about 1% so far. Decent day overall in the market yesterday. Ideally I woul d have liked to see some follow through on the big run from 2 days ago. Right off …