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…]
The SP-500 is still playing with the 2000 level and it is finding it hard to move up from here. On a positive note the money stream is strong. It will be interesting to see what will take it higher [Continue reading…]
The SP-500 is doing a rounded top with the next possible test will be at the 50 day Moving average (green line below in top chart). We could see it in the next few days. The long term support line [Continue reading…]
With down days and an up day today the SP-500 is finding it hard to move up. The money stream is still in tact but overall one can see weakness in the charts- particularly to where we were a month [Continue reading…]
The SP-500 is finding it hard to get above the 2000 mark. It could go either way. Right now I feel the pressure is to the down side. Apple affected the QQQ’s in particular today with a 4% drop when [Continue reading…]