COMMENTARY
The Second Quarter Ends with a Thud as Indexes Notch a Day of Distribution
The second quarter ended in bleak fashion as institutional investors were busy selling holdings. A drop in consumer confidence didn't help stocks as higher oil prices and economic uncertainity were major factors for the drop. There wasn't many places to hide on...
Stocks Pullback on Lower Volume, but a Few Leaders Keep this Uptrend Intact
Small caps suffer the Russell Rebalance hangover while the S&P 500, Dow Jones Industrial, and NASDAQ enjoy gains on lower volume. Volume fell sharply from Friday's inflated levels and was even lower than Thursday's level. Monday's action did resemble typical...
Friday Produced Gains Greater Than The Whole Year Combined; Sometimes The Market Will Shake You Out. You Better Stay On Top Of Your Charts Or You Will Pay The Price.
After Monday's session it appeared the market was D.O.A. However, even though I cut losses in all stocks not showing me gains or cut back in stocks with gains that I had not taken any profits on, it doesn't mean that I just go "dark." Jesus Christ, you can't do that...
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