Recent Blogs Posts

Originally Posted by coolhand

It wasn't an exciting trading day, but the bulls did manage to post gains by the close.




Price is tracking sideways right now, but as long as the 200 dma holds it won't be a problem. Note the rising 50 dma approaching the 200. We could see fireworks if it crosses or gets close to crossing. The bears don't want to see a bullish sign like that as it would likely create additional headwinds for them.

...

Stocks faded late on quadruple witching Friday to end a good week for the market on a sour note. The Dow lost 209-points while the Nasdaq held onto a small gain to cement in its 6th consecutive positive day. The TSP stocks funds each saw moderate losses after giving up big early gains. Bonds were flat.

...