JWN Nordstrom Inc Stock Chart 8.21.19 Before Earnings Make no mistake about it, the stock market is stuck in neutral. Looking at long-term charts you can see the uptrend, but for initiating new swing trades or day trades, we are hawking day to day price action.So we need to make a decision, do we drop to […]
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SPY ETF Chart 8.20.19 The SPY ETF has officially crossed into short-term bearish order flow. The 20 period simple moving average has closed below the 50 sma.However the stock market is primarily trading off daily news headlines causing the SPY to be stuck in a 10 point range.I don’t see a clear edge to build […]
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Stocks Have Recovered for Now But Peril Lurks Ahead for MarketsAfter a tumultuous Monday, stocks appear to have shaken off some of the malaise that saw shares tumble from New York to Sydney. That doesn’t guarantee smooth sailing ahead. Everything from economic growth to bond-market signs and valuations is signaling there could still be trouble ahead […]
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