The market’s downward momentum accelerated drastically today by the low ISM number, stirring more economic concerns. The market could not hold its 10-day MA and it slid continuously until the close.
The Dow was down 370.03 points; SPX fell 44.18 points; and Nasdaq tumbled 73.28 points.
Most sectors were lower today:
VIX jumped +8.66%. Techs were […]
This market is acting like its on some kind of psychedelic drug - it is “seeing” all sorts of colors!! LOL!! The market opened slightly green, but, quickly faded into the red. Then, it got a little more red. Then, it got a LOT more red! Meanwhile, we’re cashing in […]
The Dow rose +145.27 points; SPX added +16.95 points; and the Nasdaq gained +31.5 points! WOOHOO!!! Yesterday, I said, “I think if/when SPX and Nasdaq both rise above their 10-day MAs, we’ll see more buyers coming in!” And, they are coming out from everywhere!
Check out this map of the market:
Noticed that the […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
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