Tuesday August 1st

In the weekend report…   NASDAQ – I was pointing out that the reversal on Friday after Thursdays slam down could be a false reversal.  This would draw in the eager ‘buy the dip’ crowd, but they may get stopped out shortly after. I pointed out a similar slam & reversal in June, and it […]

WEEKEND REPORT JULY 29

With all of the detailed daily reports pointing out just about everything there is to look for, I like the weekend report to usually just be more of a big picture look at what happened over the past week and what we can expect going forward.  Well, there is just too much that stands out […]

July 28th – Bungee Markets

We all watched the markets slam down quickly mid day on Thursday, and then they rebounded back a bit as the day went on.  Bungee Markets are not all that fun to ride, so let’s take a look at our Thursday trading…