Thursday, October 19th, 2017

Here is whats happening in the stock market. Market is pulling back after major run ups in the past 2 weeks. Conditions overbought and its working its way down to neutral  conditions. Its an orderly pull back without the nastiness and anger markets have shown last month. These conditions are great for dip buying and […]

Stocks closed just above their 200 day moving averages. $SPX and $RUT both have been sliding for the whole month of July as doubts about economic recovery and wall of worries have started another depressive mood on the Wall street. Fundamentally it was the job report last Friday that set the somber mood. In this […]

Last  few posts I was concerned if $SPX would not make it and go lower. Here is what is going on in current stock market. But at the last minute, just by sheer luck as if it had to happen $SPX pulled up from the Bullish cross. Yes we could have been in the 860 area  or lower for […]