Trader Mike

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We had another strange day today. Once again the market had wild swings early on but this day was really marked by the relative weakness of the Nasdaq. It was like a tug-o-war all day between the Nasdaq and the...
We had a pretty wild morning today which started off with about 1% gains in the first half hour but a rally in the dollar caused a sharp reversal in stocks. Those gains quickly turned to losses and that was...
We had a pretty good reversal today which made outside days on the S&P 500 and Nasdaq. Both of those indices made marginal new highs intraday and had volume increases today. So that qualifies them for key reversal day status....
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The market cruised higher once again today and it's looking even stronger in the after-hours session thanks to earnings from AAPL and TXN. Apple has traded on both sides of its all-time high of 202.96 tonight. I'm a little concerned...
It was "all systems go" for the bull case today. Many of the indices powered to new 52-week closing and intraday highs. The Dow also reclaimed the 10,000 level (for about the 10,000th time). There's no stink at all on...