Today’s strong reversal of yesterday’s reversal put the Dow and NASDAQ officially in bear market territory. The market started out strong, sucking in the new buyers, and then taking them to the cleaners. I had some stocks trigger from the Watchlist, and they did not fare well.
ARD was a stock I expected to run, and […]
The market began the 3rd quarter with some violent, high volume whipsaw action today. There was a nice reversal at the end of the day, which could be a bullish sign.
Notice how the S&P 500 came close to the March lows, then reversed, forming what looks similar to a bottoming tail.
There were no triggers from […]
The market continues to follow oils lead today. Oil hit another all time intraday high and then pulled back. This made for some choppy action in the market today. The Dow and S&P ended the day with little change, but the NASDAQ closed down at the low of the day, down almost 1%. Tech stocks […]
