On Tuesday, Janet Yellen gave testimony before Congress. She does this twice a year, just after the conclusion of her semiannual “Run for the Presses” charity marathon. In her speech, Fed chair Yellen stated that, despite the recent strong job reports, she won’t conclude that the economy has recovered until the following metrics are met:
1. Wages must rise.2. Discouraged workers […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe NASDAQ as you can see fell during most of the session on Tuesday, but did find enough support just below the 4400 level to bounce significantly. With that, we feel that this market will ultimately break out above the 4500 level, but it is going […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe gold markets fell again during the session on Tuesday, as the Federal Reserve Chairwoman Janet Yellen suggested that the US economy will more than likely continue to need support going forward. In other words, it’s possible that the US dollar could continue to suffer at […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens + 40 and our single position gets better.Market Open (click to enlarge)EDN (click to enlarge)`EXK (click to enlarge)PRAN (click to enlarge)The Dow closes + 78, This is what we closed out: EXK +2250TOTAL = + $2,250This is what we are […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens +57 but our open trade weakens.Market Open (click to enlarge)WLT (click to enlarge)`LULU (click to enlarge)The Dow closes + 92, This is what we closed out: CCIH -2550, IMOS -1957, RDN -1200, SFUN -1920, YELP -2077, WLT +5850TOTAL = – […]
Stock Market Getting Frothy ?Stock-Markets / Stock Markets 2014Jun 28, 2014 – 08:04 PM GMTBy: Tony_Caldaro
The general market made a new bull market high on Tuesday at SPX 1968, dropped to 1945 by Thursday, and then rallied to 1961 to end the week. For the week the SPX/DOW were -0.35%, the NDX/NAZ were […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens – 29 and our open trade gets slightly betterMarket Open (click to enlarge)1 hour in (click to enlarge)DL (click to enlarge)CSUN (click to enlarge)SFUN (click to enlarge)The Dow closes – 21, This is what we closed out: ATHN +535, ANAC […]
Wednesday June 25, 2014NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens +1 and our open trade gets slightly betterMarket Open (click to enlarge)NXST (click to enlarge)2 1/2 hours in (click to enlarge)MEG (click to enlarge)INSY (click to enlarge)The Dow closes + 49, This is what we closed out: […]
Tuesday saw the market drop to the tune of almost 120 Dow points and nearly 13 S&P points.
But market sell-offs aren’t always a bad thing. After all, a pullback can provide a more ideal entry on a desired stock.
Thanks to the market rally over the last few weeks, a lot of stocks had broken up through key resistances. So Tuesday’s […]
Tuesday June 24, 2014NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens -19 and our open trade goes slightly positiveMarket Open (click to enlarge)YELP (click to enlarge)The Dow closes – 119, This is what we closed out: CLFD -2745, DDD +439, CRUS +45, ETN -566, INVN -967, KBH +376, […]
