Sorry folks, I’ll been really busy today and got home too late to think.  I’ll post something tomorrow morning before the market opens.  I’m looking for a flat or down day tomorrow, possibly to the 1085-1087 area.

Red

I honestly don’t know which way the market is going tomorrow?  I expected the move up to the 1120 area today, but the negative news on housing, PPI, CPI, and oil didn’t give the market any fuel to rally.  Tomorrow the unemployment numbers are out, so maybe it will rally on the false . . . → Read More: Does The News Really Matter?

The market remained strong today even with more bad news.  It’s seems hell bent on going up, and nothing is going to stop it.. it seems.  Next target up, and hopefully the final target before a decent size pullback, is at the 112.30-112.50 spy area.  Since today was basically a flat consolidation day, . . . → Read More: Horrible News, But NO Selling…

The market finally filled the gap from October, 2008 today!  Now What?  It’s funny as I posted on my weekend post that the market would have to Gap UP on Monday to cross the huge resistance level between 109.62 to 110.34, and what did it gap open at… 110.38!  How’s that for avoiding that . . . → Read More: Gap Filled, Now What?