As I look at the charts tonight it looks like we could see a few more down days until the 50 day Moving average is reached. See green line on chart below. The Stochastic looks like it has further to [Continue reading…]
The market goes higher with the help of the Fed continuing to pump money in to the market. The fact they need to continue to do it indicates to me that the world is not in a good place and [Continue reading…]
The 50 day moving average got broken for a few days last week but was trying to make a recovery by Friday last. It appears to be a weak run and right now I can only see it getting to [Continue reading…]
The market is slightly down by the end of last week but it appears that everything is being done to keep it up there. I look at the SP-500 and I notice a little bit of green from the institutional [Continue reading…]
Apple Inc (AAPL) came right back to its support of $388 on Friday last. In late April it hit $385. The big question now is will it rise from here or not. The money stream is weaker than it was [Continue reading…]