China’s crash put pressure on the markets this morning, as the indexes gapped down but pared their losses by the end of the day. The biggest loser being the NASDAQ, down -.91%. The indexes escaped without any real technical damage, so once again, the bears had an opportunity to take control but didn’t.
I had a […]
Looking back at last week, it was a flat one for the market, as seen here in this weekly chart of the S&P 500.
The good news is that the bears have not been able to take control of this market. The bad news is, the market is no longer reacting to positive economic news. This […]
A huge reversal in the market today, as a sell-off in the morning turned into a rally into the close. The Dow now has had 8 up-days in a row, and a new closing high for the year.
I had a huge win today with IMMU. I liked this chart a lot, but it didn’t much […]
