Employment Report Holding Pattern
The week’s major event may very well be Friday morning with the employment report due. We won’t look too much into Thursday’s action. Recent heavy selling is enough to make us bearish for the near Read More …
The week’s major event may very well be Friday morning with the employment report due. We won’t look too much into Thursday’s action. Recent heavy selling is enough to make us bearish for the near Read More …
Heavy selling tells us it’s time for a pullback/correction. We expect the major indexes to test their 50-day averages as the next levels of support. The key index trend setters of Transportation ($TRAN), Semiconductors ($SOX), Read More …
More mixed signals with the major indexes posting accumulation and small caps and tech selling off. It appears some funds may be shedding riskier, growth type assets and rotating into sturdier, value names. As the Read More …
Stocks are once again poised to pullback or correct, says the Russell 2000 Small Cap Index. This kind of solid move down on the session, that closed at the bottom of a two week trading Read More …