Stocks surged into the close on Friday, no doubt due to short covering. The S&P 500 has broken out of this triangle pattern, and looks like it has a destiny with the 200-Day MA. From there, it could meet some resistance, but there is good support at the 875 area.
There were some triggers from Friday, […]
I got a late start tonight and am trying to get this out by 12:00 CST.
I had a rough start with some of the stocks I was holding going into today, and a couple stocks that triggered in the morning underwent some selling pressure, but the market finished strong. Triggers like NTES and APPL did […]
The day started choppy, typical for what is now knows as Whipsaw Wednesday, and not too concerning after yesterdays big move. But worries in the bond market sent stocks plummeting in the afternoon. The S&P 500 continues to trade in a range that could mean choppy trading until there is a breakout.
There wee actually some […]
