Recent Blogs Posts

Originally Posted by coolhand

The bulls started out strong today and held their ground a good part of the day, but the bears mounted a counter in late afternoon trading that cut gains by about half by the close. That's not necessarily a negative, but it does show that the bears haven't gone away.




It appears the bulls have retraced roughly half of the losses from the peak. Momentum is turning up.

...

Stocks jumped out of the gate on Monday morning with a solid gain in the indices. While there was some sliding in the afternoon taking the them off their highs, the indices did hold onto a good portion of their early gains. The Dow gained 328-points, while the Nasdaq, and particularly the small caps, did very well. Not much news out there, but an overhang of vaccine optimism could be the catalyst for the strength.

...