The market had a significant down day with both the Dow and S&P 500 logging another distribution day. The Nasdaq was down also, but on lower volume than yesterday, so it technically didn’t count as a distribution day.
The pressure on the market came from inflation fears and still higher oil prices. Since I have been […]
Market Shows Strength, But Loses Momentum
It was a very bullish morning. There were three stocks from the Watchlist that triggered, and most of my current positions were doing well. Yet in the back of my mind, I was quite sure what would happen later in the day. I knew that most of these gains would […]
The market recovered from its losses on Friday to end the week with significant gains. The Nasdaq finished the week over +3%, and the S&P 500 up +2.7%, even after Wednesdays sell-off. Oil spiked to 127 on Friday before settling lower. 3 of the 4 oil picks that I posted here for Friday as day […]
