Archives for June 2014

June 2 Daily Market Comments

The markets appear to be in a resting phase. Although there is some weakness and Friday and Monday’s trading so far, there are not any signs of investor sentiment changes. The NASDAQ pullback but used the T-line as support. The other indexes appear to be consolidating. The Dow is currently showing some waffling at the recent highs but not showing any decisive selling. Continue to stay predominantly long.