Once again today, the NDX unperformed RUT, DJI and SP500. The chart shows the WTD return of NDX is -2.59% vs the RUT which is positive. There is enough data so support the bullish scenario however someday buying every single pullback will not work. This week we have the energy sector at 0.37% and the
Sp500 and Nasdaq are negative again after the drop overnight in Asian markets and new political events in the US. The new economic data is morning was positive which helped to reduce the pressure on the market. At this time the indexes are negative today. Tomorrow, we have option expiration. Weekly Jobless Claims came at
The Federal Reserve is widely expected to raise its benchmark interest rate and may also provide details on its plans to shrink $4.5 trillion of assets it amassed to nurse the economic recovery. Economists polled by Reuters overwhelmingly see the Fed raising its benchmark rate to a target range of 1.00 percent to 1.25 percent.
The selling continue today, on the other hand there is not panic. At this moment, drops can be consider a buying opportunity. Breath in positive in NYSE negative in Nasdaq. During the morning large order have been neutral on NDX, while small orders have been selling more aggressively. On the other hand, if sellers push
