I had 4 triggers from the Watchlist today, with some nice moves in KONG and MFE. Here are the charts for these 2:
The other 2 triggers were JEF and PAG, with both moved over +1%. I am now in cash, because I will be on vacation for the rest of the week. I will keep […]
The indexes pared early losses on Friday, and all three closed the week basically flat, or in the case of the NASDAQ, slightly higher. Not bad considering the rough start last week.
The S&P 500 has been basically moving sideways the whole month, and could be forming the right shoulder of a bearish head and shoulders […]
What a day for stocks as we finally got a bounce, driven by weakness in the dollar and a rise in commodities . The S&P 500 bounced from its recent golden cross, but on average volume. As you can see from the chart below, indicators are pointing higher as the index tries to move out […]
