A Buying Opp in the $DJI?
Every pull-back in the $DJI has been a major buying opportunity during the current two-month rally. Given yesterday’s decline, we could see another round of strength enter the market soon.
A Quick Siesta
I’ll be out of the market the next two weeks and will return to duty on Oct. 18th. Therefore, I will not be updating the site during this time. In the mean time…
Sell Signal in the ES
A sell signal has fired in the daily chart of the E-Mini S&P 500 futures contract (ES..), which forecasts a potential decline and a change in trend. Let’s take a look..
This Stock Could Move Big
Chipotle Mexican Grill ($CMG) has been an active mover for some time, most recently rallying from $127 to $154. However, bullish momentum seems to have dissipated at major resistance, which could spark another key sell-off in this stock. Here’s why..
Breakout for the Dow
Obviously, the first Friday of the month brings the Non-Farm Payroll number front and center. The market has been winding up for four days ahead of this key figure. The good news for us? It doesn’t matter what the number reveals, because a breakout in either direction could mean a 200 point move for the Dow.