Moving forward we have decided to start using a consistent post title structure as you can see above. This keeps things uniform, simple, and long term will help newer readers remember the site name, STTG = StockTradingToGo! Enjoy.
A low volume sell off today leaves the NASDAQ looking ok but the financials and the S&P 500 on the verge of technical failure as we closed barely above 1400.
Beyond Apple (AAPL), there is not much strength from leaders to be found. Looking at the global scale, both Europe and China are showing ever greater weakness. A while back I shared a chart of Spain's crumbling stock market, and today I have a chart comparing the NASDAQ vs Emerging Markets (EEM) vs China ($SSEC) vs Europe ETF (VGK). It is clear to see the NASDAQ completely outperforming the rest of the world. It is amazing what expectations of stimulus and Apple can do for a market.
That's all for tonight. Mark will wrap up the week with tomorrow's Market Recap so we will see you then and I bid you a fantastic weekend!




I love the new site format and the mix of new views. Have you all looked into using heiken-ashi and some of the indicators Dan Valcu created.....very good stuff. Really has helped me get in and out of trades earlier than later....hate to say "holy grail"...but his stuff is good
I have his contact info if you email me
Thank you for the support and kind words Jim, appreciate the affirmation! RE the email I will let you know if I am interested down the road.
Stay sharp out there!