Thursday, October 19th, 2017

The year 2013 came in with bang! After a fearful era of post election blues and Fiscal cliff which ultimately ended peacefully and we are still alive and together as a country- the market had to show some kind of enthusiasm and it did on January 2, 2013 with big gap to the upside. Unfortunately […]

SPX tried to penetrate 50 day moving average and was rejected. That is normal, it will make another attempt. The gap open in early session didn’t have enough commitment from the bulls. The move faded almost immediately. From there on it was all downhill towards the close with lower lows and lower highs. Most of […]

The gap down today scared many investors at the open it was a continuation move from yesterdays Fiscal Cliff comments. Some stocks opened with a scary gap like AAPL. the good thing is the day ended with great closes in PCLN and GOOG both registering big gains. There were many stocks participating the the rally […]