Commentary: The stock market was in decline Friday to end the week. The market, however has rebounded off the corona lows. The stocks could set up a broad range here if the lows are in. The US stimulus package is now under way. The effects of capital will be felt in the coming weeks. Don’t misunderstand. These funds at present …
STOCKS- NASD 5970 OLIVE Strikes Tremor ?
I have talked about a top in stocks in August for over 3 months, maybe longer on one of those throw out an idea in Jan Feb. Back then I said you were nutty to sell into all time contract highs, ever. 1st time ever’s are bullish, ask why. Especially option players. Week recap. Dow jones futures of which I …
Turn around Tuesday
Moving on up The equities rebounded nicely on Tuesday, getting back Monday’s losses and had the futures finishing the day +.62% . The 131 point gain in Dow futures had the index trading above where the market closed last week. The market appeared to be led by the banking and energy sectors. Dow futures started moving higher right off the …
Quiet session in indicies
Tight Ranges rule the day Both the S&P and Dow had relatively quiet sessions on Monday. We saw consolidated trading through out most of the day. The Dow closed -25 at 20956, with only an eighty-six point range in the futures. The S&P 500 was fairly quiet as well, closing -5.75 on the day 2375.50, towards the middle of its …