July 25th Daily Market Comments

The market drift is likely the anticipation of the Fed interest rates announcements for tomorrow. When the market is in a will waffling/indecisive mode, the final criteria remains the T line.

 

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July 20th Daily Market Comments

The NASDAQ is trading lower based upon NFLX and TSLA selling off but the other indexes, especially the Dow, continue to show consistent bullish uptrend. Stay long but keep safety stops in place.

 

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July 19th Daily Market Comments

 

The markets are in a study uptrend, the strategy remains the same, stay predominantly long use in the T line as your ultimate criteria.

 

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July 18th Daily Market Comments

Nothing has changed the bullish sentiment of the Dow. Continue to stay long in the positions it remain above the T line. The S&P 500 and the NASDAQ continue to trade above the 3T line.

 

 

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July 14th Daily Market Comments

The uptrend in progress but very slow an indecisive. The emphasis remains on each individual stock/sector.

 

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July 13th Daily Market Comments

The PPI numbers were favorable the bullish sentiment. Uptrending stocks continue there uptrend as long as her stay in above the T line. The artificial intelligence stocks continue to show good strength.

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July 12th Daily Market Comments

The indexes like the CPI news, inflation slowing down. The Dow has gapped up through the resistance level in the NASDAQ and S&P 500 have illustrated the T line was acting as support. The uptrend remains in progress.

 

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June 29th Daily Market Comments

The nature of the market has not changed, the Dow is positive, the NASDAQ is negative, the S&P 500 is flat. This continues to put the analytical emphasis on each individual stock chart.

 

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June 27th Daily Market Comments

The Dow is forming a MorningStar signal off the 50 day moving average. The NASDAQ and the S&P 500, although trading positive today, are not showing anything as far as a strong reversal. However, the transportation index is still a strong bullish chart. Continue to have both long and short positions in the portfolio.

 

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June 26th Daily Market Comments

Not an enthusiastic market, bullish or bearish. These market conditions make the T line more relevant.

 

 

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