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  1. The Bears Are Gathering - Posted by Coolhand

    Quote Originally Posted by coolhand View Post
    The bulls tried to add to Wednesday's gains, but were eventually beaten back by selling, which took the indexes into negative territory in afternoon trade. Confirmation of the negative action came today in the form of a bearish NAAIM reading.

    Counting on a Bush Fire-s-p-500-png
    Counting on a Bush Fire-dwcpf-png

    The 50 dma is the current battle area and is providing support to this point, but I suspect it will not hold.

    Counting on a Bush Fire-nyad-png
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  2. TSP Talk: Stocks bounce back

    Stocks rallied back on Wednesday, and being the 2nd trading day of the week made it feel like a Turnaround Tuesday. The 50-day EMAs seemed to hold so far, although some late selling keeps the "dead cat bounce" possibility alive. The Dow gained 440-points and those beaten down Nasdaq 100 large caps tech stocks came roaring back with a 3% gain. Bonds were down as the 10-year yield moved back over 0.7%.

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S&P500 (C Fund) (delayed)

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DWCPF (S Fund) (delayed)

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EFA (I Fund) (delayed)

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BND (F Fund) (delayed)

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