The Market Loves Loves Loves this Tiny Range Aug 28

The Jobs Report was worse than expected so let’s buy stocks because the Fed won’t raise rates!!! That was the logic behind today’s bullish market recovery on the news that the monthly Jobs Report was worse than expected. Logic or illogical, that is the ongoing reality of our new stock market environment. Let’s update our…

Both the Dow Jones and S&P 500 have bounced between daily moving averages in a key short-term range level. Soon, both markets will break free from this range. What’s the range, where are the breakout levels, and what may happen next? Let’s start with the S&P 500 key levels: For the S&P 500, our key…

We continue to see “more of the same” action and the simplest play is to “go with it.”  Yet so few traders actually do that it seems. Nevertheless, let’s update our mid-day information and highlight our trending stock candidates for today’s session. We’ll actually start with Sector Breadth which is MIXED BULLISH today: On today’s…

2016 begins with a big bang!  Are you safe as we start the new year on a volatile note? China’s stock market tumble spread globally which began 2016 on a bearish note. Let’s quickly trace the “Flag” Trendline pivot points and targets and plan a quick strategy from the current chart. Take a moment to…