Blog

Rally may not last

The rally over the last few days may not continue. Its on low volume and it can be regarded as a Christmas rally. If one looks at the chart below on the SP-500 you can see that it is making  [Continue reading…]

Rally was short lived

The 2 day rally was short lived with a major sell off on the market on Friday last, Some serious damage was done to the charts as we go back in to a downward trend. Money stream is very weak.  [Continue reading…]

Market climbs after .25% interest rate hike

The Fed put up interest rates today by .25% and the markets went up. The SP-500 is up now for the last two days and the charts look good overall. Money stream turned up nicely and it needs to cross  [Continue reading…]

Market well down on Friday

Friday saw a big sell off in the markets with some serious damage done to the charts. The SP-500 broke through support levels and I have marked in the next support level in the chart below at the 1875 level.  [Continue reading…]

Avon (AVP) had a good day today

Avon (AVP) had a good day today when everything else was well down. One of their shareholders is asking them to cut costs and get the business back on track. I see a nice green buying bar today. Volume is  [Continue reading…]