1:20pm (EST) The market has traded in a tight range to start the shortened week following Monday’s day off as the bulls and bears feel each other out. February has seen extreme daily triple-digit swings in the Dow and today’s action is just a pause in what should continue toRead more
Earnings in Focus/ New Trade!!!
Big Week For Bulls and Bears
9:00am (EST) The market continued its incredible comeback as the bulls quieted talk of an impending collapse by rallying back to prior resistance and January highs. The action for February has been breathtaking to say the least and has Wall Street frustrated. The bears used the last 5 trading sessionsRead more
Bulls Take a Breather
Market Gellin’ for Yellen/ New Trade!!!
1:30pm (EST) Futures were showing a slightly mixed open for Wall Street today when we were doing our chart work last night and remained that way ahead of the European open. Futures were slightly weaker ahead of the opening bell and suggested today could be a wait-and-see session with flatRead more
Bulls Push 2nd Wave of Resistance
#Twitter (TWTR) Tanks/ Profit Alerts (PM/ KKD)!!!
Market on Pins and Needles
9:00am (EST) The market ended slightly lower on Wednesday following a choppy session that saw more downside action than up. Today’s session could turn out to be much of the same as Wall Street awaits Friday’s Nonfarm Payroll report. (read more…)
Bulls Take One Step Forward
9:00am (EST) The market rebounded on Tuesday to test and hold near-term resistance but there is still headline risk the remainder of the week that could help or hinder the bullish case to buy stocks at current levels. The back test to resistance was a normal reaction but Monday’s damageRead more