It was a moment of truth today as both the S&P and the Dow tested their 50-period moving averages. Those in fear of a correction released a sigh of relief as both of those indexes passed their tests and moved higher closing up for the day. Interestingly enough, the Dow has a new GT Momentum […]
Continue readingWelcome one and welcome all to the very first post of SignalWatch 2.0! It has been a long time coming and we are very stoked that the site is off and running. The indexes opened this morning with a resounding thud, gapping down before rebounding some before closing mixed. The Dow closed in the red for […]
Continue readingThe market closed out the week with another interesting day as the Dow and S&P closed down for the day while the Nasdaq closed slightly up. The catalyst for all of the intraday movement was the inability of the GOP to garner enough votes to pass the repeal of Obamacare. The far right held out […]
Continue readingIt was an interesting day in the market with the indexes offering traders a bit of a roller coaster ride. Especially there at the end when the index took a tumble once it was announced that the House would not vote on the repeal of Obamacare as thought. While the indexes closed with only small […]
Continue readingWow. Well, today was fun now, wasn’t it? It has been awhile since we have experienced this bearish of a day, and things are beginning to feel a lot like a pullback. All of the indexes closed down for the day; the Dow fell 1.16%, the S&P lost 1.27% and the Nasdaq dropped 1.49%. While many […]
Continue readingThe week started off with a whimper as the indexes moved little, closing mixed. The Dow and the S&P 500 both closed lower while the Nasdaq snagged a tiny .01% gain. The Nasdaq got the day off to an interesting start by setting a new all-time intraday high, but things calmed down very, very quickly in […]
Continue readingGood afternoon folks and happy St. Patrick’s Day! The market closed out the week on a bit of a whimper as the major indexes saw little movement overall. They finished mixed with the S&P losing .09%, the Dow dropping .05% and the Nasdaq also declining .05%. That being said, the market is still extremely bullish overall […]
Continue readingWhat a day we had in the market. The Fed announced that it is looking to raise the interests rates twice throughout the course of 2017. The Fed has been hinting at rate hikes for a while now in an attempt not to send any shockwaves through the market. The announcement was met with a […]
Continue readingThe market lost a bit of steam today, as all three of the major indexes closed with small losses. So far that has been a quiet week with most investors and traders hanging out of the market until the word about a possible interest rate hike comes out from the Fed’s meeting. The market mode […]
Continue readingToday was a slow day throughout the markets as many traders stayed on the sideline waiting for the Fed meeting to begin tomorrow afternoon. The S&P and the Nasdaq closed with small gains while the Dow closed slightly down. The indexes are still in a very bullish mode so we are going to continue to use […]
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