Blog

Trend is down

Well I am back after my long vacation. It went well and it is nice to be home. The market has been wild since I left. The short term trend is down right now and we should not be surprised  [Continue reading…]

Slight recovery after big sell off

Well last Monday saw the Dow dropping 1089 point in the first few minutes of trading with a quick recovery. I said at a recent class that one should not be surprised to see the Dow down 1000 point in  [Continue reading…]

Serious sell off this past week

At my last class I said the market was due a pull back. Well it happened this week with some major selling yesterday. All support lines are broken and we are in a down trend from here. All the things  [Continue reading…]

Market still under pressure

The SP-500 is completing a double bottom as I write this blog and the question is will it continue south or make a recovery here. The money stream is weak and it just might continue south. I have marked in  [Continue reading…]

Market finding it hard to hold the gains

The SP-500 gave up its gains today and finished just a little up. Not very impressive. Apple (AAPL) is putting a lot of pressure on the market and it is well down this week- more on that later. Chart here  [Continue reading…]