Pressure from the Fed and gloomy comments by Warren Buffet took nearly all the gains made in the Dow and S&P today, although the NASDAQ held up well. The S&P 500 has failed to bounce as it hits the 50 and 200-Day MA’s, although it did close above the golden cross today. If it can’t […]
A boring and choppy day in the market. There seems to be some indecision as we await the Fed tomorrow. The S&P 500 closed up +.23%, and under the 50 and 200-Day MA’s again for the second straight day. However, the 50-Day MA managed to close above the 200-Day MA for the first time since […]
Concerns about the recovery of the world economy sent stocks plummeting as traders realized that this rally may have gotten ahead of itself. The indexes all closed much lower, but volume was noticeably lower. Summer trading is here.
The 200 and 50-Day MA’s didn’t offer much support in the S&P 500.
The NASDAQ filled a gap mentioned […]
