Another down week for the market last week. Taking a look at the weekly chart of the S&P 500, you can see that it has closed lower for six straight weeks.
It would seem that the market should reverse soon, but it still could continue moving lower. It would be nice to see a strong capitulation […]
Today was an incredibly whippy day in the market with very heavy volume. There was one trigger from the Watchlist, it was CEDC. I was only looking for 1 or 2%, but it wouldn’t even give me that.
Today left my pretty disgusted, as whipsaw markets often do. The day after I posted about keeping stops […]
Things were looking good in the morning. Although oil made a bounc back, it appeared that we could have a continuation day. But the market sold off in the afternoon, giving back all of yesterdays gains and closed at the lows of the day. That’s the worst thing the market could have done, as it […]
