The bulls refused to give way to the bears on the second day after the Friday’s crash. But the both bulls and bears scored even. We have stalemate. Now, what this means is we just have wait for another day for hint for the next trading day. The point here is to buy into the [...]

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What a volatile day! The markets had been moving in and out of red for the whole day in narrow range. It finally settled at a loss of 20 points for the Dow and 1.47 for the S&P. The bulls continue to be nervous. Now, the markets for the next couple of days are expected [...]

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We have another non-event on Wednesday. The market was digesting both the negative and the positive news at the same time. In my view, there were more bad news than good but the markets closed with a small gain. I will not want to speculate the direction of the markets for now. Let the markets [...]

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Tuesday’s markets did not immediately return to its bullish mode. The Dow was beaten down to a loss of 168 points before closing with a reduced loss of 105 points. Chartwise, the Dow’s bullishness is maintained at this point. All other indexes such as S&P500, Russell 2000, and Nasdaq-100 are showing the similar pattern.
Yes, the [...]

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