Today, the market surprised with a V-type hourly reversal off the Nasdaq 4,100 level. The Nasdaq Composite climbed +69 points (+1.69%, the S&P shot up +19 points (+1.08%), and Dow advanced +115 points (+0.71%). Volume was lower than Monday's volume…
On Monday, the market retested the last daily swing high, and could not reach it; instead, the market fell sharply in above average volume. The sell off began at noon and continued into the market close. By the end of the day, the Nasdaq had fallen…
Last week the Nasdaq and S&P closed up 3 out of 5 days. Volume was above average for the week. The Nasdaq gained +1.03%, the S&P climbed +0.60%, and the Dow performed the worst by falling -0.20%. Both the Nasdaq and S&P started the week below their…
On Thursday, the market basically went sideways. Sideways days are an opportunity for the BIGs to sell or accumulate stock shares without showing their hand. The market moves in both directions, and it is hard to read the conviction of the BIGs. By…
Today, the market set the highs and lows of the day in the morning session. then price bounced around inside this range. In the end, results were mixed. The Nasdaq gained +12 points (+0.30%) and the S&P gave up less than a point (-0.02%). Up/Down…
