As we approach the end of October, the market is actually starting to show some bullish signs. For example, it shrugged off news of lower GDP, which was actually not as low as expected. It’s a good sign when the market looks at the silver lining in a cloud, especially considering the action we’ve been […]
Things looks pretty good for most of the day, as the market rested from its huge up-day yesterday, but a violent whipsaw into the close indicated that sellers are still in the market. The S&P 500 and the Dow both closed lower on heavy volume.
A high volume down-day is obviously not a positive sign right […]
Finally, an impressive rally in the market. Not only did the indexes gap up in the morning, but added to those gains with a huge rally at the end of the day. Both the Dow and S&P 500 closed up over +10%. The ultra-inverse ETF’s took huge hits today. One of them, EEV, closed down […]
