Solid bounce yesterday, but can the markets today follow through? For many years now, when we see the dead cat bounce come about, stocks overall will look to continue the bounce for several days going forward. For the markets today, will that ring true yet again? The futures are slightly [...]
Dow Jones Chart has not been down 9 straight days since 1978 That is quite a run, to not have a sell-off of nine straight days since Jimmy Carter was president. But the Dow Jones chart is finding some support at the 50-day moving average as is the S&P 500 [...]
Not a stock market crash based on historical sell offs Obviously! But the sell-off that we are seeing this morning before the equity market has even opened, is far greater than what we have become used to seeing. One thing I will add here is that, based on my experience [...]
That’s why I say managing risk is so important Yes, it not a fun subject to talk about, but it is not something you cannot afford to ignore. From the highs to the lows of the day, SPX sold off 40 points and broke its key trend line. That is [...]
