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|PRE-OPEN MARKET COMMENTS FRIDAY – The market has been in a steady decline since the 200-day MA was breached Tuesday. Major technical levels have failed and the S&P 500 is down 40 points overnight. The Fed is steadfast in taming...
|There are so many breakdowns and so many stocks to choose from. How do I do that? Normally, you will look for a major MA breach, a horizontal support fail or an up trendline breach. Right now, you want stocks...
|You do not want stocks with herky jerky M5 price action. IBM, NUE, NFLX. Those were the poster children yesterday. If it does not look like that.... keep looking
|SPY trying to hold the bid. We are in a bullish cycle just like yesterday. If we can't get into the gap as the cycle completes, we are going to test the downside.