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Archive for February 9th, 2018

Posted by Martin February 09, 2018

When Stocks Go Down, It’s Good News!


Posted by Martin February 09, 2018

Markets recovered almost all day losses in one swift swing

As soon as S&P 500 touched 200 DMA investors jumped in in a fast and swift buying and propelled the market up pairing almost all intraday losses.     The 200 day MA seems to be holding as a support for now as we bounced. If the support holds we may see more buying coming Continue reading →

Posted by Martin February 09, 2018

Stocks plunge another 37 points, now -11.13% correction from ATH

The market opened relatively strong luring investors getting in just to toast them later afternoon. But volatility and weakness returned and the market lost another 37 points adding to yesterday’s 100 point losses. S&P 500 is now down to 2,546 losing 37 points (-1.43%), DOW is down 23,512.49 losing another 347.97 points (-1.46%), and Nasdaq Continue reading →