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Category: Stock Market Snapshot

March 16, 2009

SPX Textbook Short Setup

Filed under: Stock Market Snapshot - 16 Mar 2009

The market finally became just too extended, and gave back control to the hungry bears by day’s end.  I pointed out last week that areas of support sit at 740 and 720 for the SPX.  It’s quadruple expiration week, so …

February 24, 2008

Breakout of the Breakdown 022208 – End of Day Rally

Filed under: Stock Market Snapshot - 24 Feb 2008

I find it funny that news came out a half hour before the closing bell on Friday, which helped the Nasdaq rally back 30 points, and the DJI 200 points, on the day. Did they have to hurry to …

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