Tuesday, January 23rd, 2018

MARKET UPDATE posted 02/11/13 SPX traded in a narrow range and stayed below the highs making a inside day on the charts. Friday was a big day and today all quiet and confined to narrower range. The big candle is overshadowing the smaller candle here. Most of the indexes followed in the same steps and […]

Please click charts to enlarge AAPL reversed here on 505 November 16 2012 and its back here. the stock is under relentless tax related capital gains selling under the perception that Fiscal cliff event would create higher tax rates. What if Fiscal Cliff didn’t happen? Facebook unlocked 156 million shares and first thing they do […]

The market is digesting previous moves still hanging there. There is a lot of talk about head and shoulders pattern on SPX and AAPL and that is what we have discussed here. The pattern is neither complete or convincing at this juncture, when you have it , you will see it. The jobs report is […]