DJIA hits record high; Nasdaq closes in correction territory
It was a tale of two tapes today. The Dow Jones Industrial Avg. hit a new intraday all-time high, while the Nasdaq Comp. closed at the lowest level in…
Read MoreBrief macro observation
Just coming back from vacation and have an interesting observation. I was flying home from Florida at 7,500 feet, and as we were going up the coast I looked…
Read MoreMonday tactical indicators update
The market staged a powerful recovery on Friday, turning the S&P 500 Index (SPX) from a loss to a 0.81% gain for the week.
Read MoreEarly Monday look
S&P equity futures remain below Friday's close, amidst a higher session in Europe and a negative close in Asia overnight.
Read MoreAnother volatile end to a volatile week
It was a wild day of trading, with stocks making a significant reversal.
Read MoreLate Q4 EPS update
Q4/20 earnings season is almost in the books, with only five S&P 500 Index (SPX) components left to report earnings.
Read More% of stocks above the moving averages
The 1.3% decline in the S&P 500 Index (SPX) moved the percent of stocks trading above the 10 & 50-day moving averages closer to the levels we look for…
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