Daily Market Wrap January 4 2015
Bearish day down to start the year but was that a bottom?
Daily Market Wrap January 4 2015 Read More »
RUT
Intraday Friday flat after a big up day
Indexes remain above close on low conviction trade on opex Friday, after a big up session yesterday. Internals are mostly flat, as is volatility, and no advantage is seen to initiate trade in either direction here. After a 2 week up move from recent lows, expect a pullback early next week, which should be foretold
Intraday Friday flat after a big up day Read More »
Average Daily Range at Extreme, potential top in SP500
ADR bottoming out yesterday at close, which points to a potential local top in the SP500, which made a new intraday ATH (all time high) today. Nasdaq100 stocks were strong today, pulling other indexes out of a low in premarket. Vix closed on lows, and the volatility picture is not yet confirming the ADR top
Average Daily Range at Extreme, potential top in SP500 Read More »