Can the S&P 500 Trace a First Higher Low?
When the rally began, back in March/15, I started opening long positions. The
idea was to test the Market, today I was stopped out of Ryman Hospitality (RHP)
which is a REIT
Are Bears Waking Up?
Today, most of the day the main indexes were trading with moderate to heavy
losses. Once the Federal Reserve released its minutes, the losses stopped and
some indexes were able to partially recover.
Selling Pressure Entering the Market
Not long ago the Fed hawkish comments used to hit the Market indexes, today we
are back at that kind of Market fragility. From the large-cap perspective the
decline is moving around the
Still a Narrow Target
Today the important indexes rallied, the Market is behaving in a different way
than I thought, where a controlled pullback would take the S&P 500 close to the
-1 Keltner Channel
The Rally and the Pullback
The latest rally in the Market served the purpose of stopping, at least
temporarily, the decline of the main indexes. Some of them got to Bear Market
territory like the Nasdaq and Russell