Jan 19th Big Picture – Is That Etched In Stone?
The Big Picture Outlook is based on current information and the formation of current set ups and what they seem to indicate going forward, but they cannot be considered ‘Etched In Stone’. They give us a solid idea of what we may expect in the upcoming weeks or even months, and that helps […]
Friday Jan 18 – Options Expiration
Today is Friday, the last trading day of the week. It is also “Options Expiration,’ and that can affect pricing and volumes a bit, but so far things continue to play out pretty much as expected, so lets just get into our Friday report… .
Jan 17th – Thursday Markets Await
SPX – We still have a wedge that has formed. These usually break down, so with the SPX at the 50sma and a wedge, I would think that we may pull back for a few days. That could be a 1/2 cycle low and it is not uncommon…
