Yesterday’s thoughts that the reversal would lead to some upside testing is now taking place. The key is the 50 day moving average which was

After yesterday’s decent reversal, futures down but hardly down. Of vital importance yesterday: the Dow and S&P held on to their 50 day moving average. This

Good day considering. We always like, at least for the near term, when markets are down big and finish well creating bullish tails. But leave

How silly of us not to mention the Dow and S&P pulled right into the 50 day…so maybe this is a place to hold for

It is early but so far, excellent rebound off of early ugly.  Still plenty of red but a lot of early reversals. We will leave

Futures are down about 120 Dow points. Nasdaq futures down about 25 points. As we scan pre-market, lots of yuck. But hey…gold is up! Remember,

You may want to listen to Friday’s radio show from the 2 minute to the 20 minute mark. All my thoughts on what we just