US stock markets were beginning to stall at current levels which are confirming resistance. To reiterate, this market is overbought and deficient in volume. Essentially, the FOMO trade is decelerating and running on fumes. However, two outlier sectors are…
Market Moving Event: News and information normally regarded as market drivers had little impact today. The overwhelming majority of companies reporting positive earnings surprises nor the upbeat housing and consumer confidence data were…
It was a classic crossover as bulls got lulled into a consistent rhythm of an intraday lateral trend and suddenly tripped on the crossover headfake as smart money used the recent rally to sell into strength while the election draws near.