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SPY

SPY

A fade and test of the most recent breakout would be normal here which also happens to be the 50 Day.
Pullback Ahead For Biotech

Pullback Ahead For Biotech

The IBB(iShares Nasdaq Biotechnology Fund) has entered overbought territory. The IBB is showing signs of exhaustion as the new month begins. The index has had a huge rally off the October lows. At last week’s high the IBB had gained over 25% over the previous...

Bullish December?

Last year was the worst December for the Dow and S&P 500 since 1931 and the worst in history for the Nasdaq. It would therefore be unusual for that to occur back to back.