Good morning. Happy Wednesday. I’m not sure how to read the action over the last two days. We entered the week with the market in a 1-month uptrend…it’s been 3 steps forward and 1 step back, and it’s been several weeks since the market has lost ground for more than 2 consecutive days. Now the […]

Good morning. Happy Tuesday. Another day, another big opening gap. You know the normal forces of supply and demand are not in control when the market gaps big every morning. The market had rallied 4 consecutive days heading into this week, so a little backing and filling – especially considering the unfilled gaps below – […]

Good morning. Happy Monday. Hope you had a nice weekend. I don’t have too much to add to the report and video put out over the weekend. Here’s the video if you missed it. We have lots of conflicting ‘stuff’ out there. The charts look pretty good – most of the indexes closed at new […]

Good morning. Happy Friday. Happy Jobs Report Day. As stated yesterday, in my opinion, the charts of the indexes look good and the charts of select individual stock are trading well, but the internal indicators are overbought and in need of a pullback. This weekend I’ll be doing a video summarizing many of the indicators […]