It could just be profit taking from Monday's big rally, but the Transports filled the gap and reversed down today after hitting a series of resistance.
It's been a big morning for the Transports. It's now at the top of the "megaphone" and also about to fill a gap left open about a month ago.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
It could just be profit taking from Monday's big rally, but the Transports filled the gap and reversed down today after hitting a series of resistance.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
The early rally this morning (Monday) is struggling to recapture the 50-day EMA...
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Stocks are rolling over with the 10-year hitting 3% this morning, although money seems to be moving into small caps as the Russell is up a surprising 0.49%.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Ouch.
I'm gonna need a band-aid.
MEDIC!!!
May the force be with us.
Quite a mixed day today. Facebook is helping the Nasdaq 100 to a big gain, although it's still below the 20 and 50 EMAs. The S&P is up handsomely right now, +0.74%. Small caps are only up slightly, and the Transportation Index is getting pounded back below the 50-day EMA.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
The dollar is making a valiant effort to break above the 200-day EMA... on the first try? Not easy.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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