Friday- Navigating The Choppy Waters

May 31st – Waiting For The Fat Pitch

  SPX TUESDAY – Break outs often ‘back test’ the break out, so I mentioned that this drop Tuesday was possibly just a back test. General Markets would be a BUY with a tight stop at this point.  ( UPRO, TQQQ, ETC). SPX YESTERDAY –  SPX broke back above the 10sma and that was likely […]

Wednesday May 30th

After my long weekend report, I was planning on just a quick cover of the markets and then discussing various Miners.  That plan changed a bit when the market action also changed a little bit. I received a few emails discussing concern over Italy leaving the Eurozone, and problems with Greece, the Euro, etc., and […]