Memorial Day Weekend Update
Last week was slow with the holiday trading volume (big boys don't trade on low volume days). So we stayed in a tight range...
Fed has their Hands Tied
Short-Term:
Last week, Bulls pushed higher though Wednesday, but lost traction at the end of the week. Overall, we ended down .15% on the week....
Weekend Update – GDP Report
Last week, we expected the bulls to have the edge early in the week. That is exactly what happened prior to the Fed. After...
Thin Air
Short-Term:
Last week we saw one of the first effects that the thin air we have been talking about. On Thursday The Market reversed early...
Jobs Jobs Jobs
Short-Term:
As expected we closed the 207 gap on SPY. The bears were very strong on this down move so I expect it to have...
2900?
Short-term:
We saw a few more speed bumps last week as well as some capitulation. We are also at just extreme, never before seen overbought...