The last two trading days, the market had indecisive direction. It is just like the same pattern couple weeks ago when SPY was 104 to 106 range. Either today or tomorrow the market needs to close negativity for the market to roll over.
To go off track a little bit here. But is anyone using, or can recommend, a good web based Level 2 quote service with charting? I don't want to use my brokerage and I jump around computers too much to use installed software.
It seems like INTC, RIMM and BRCM is rolling over. The early birds specials for these stocks. I would expect the market will roll over soon.
ReplyDeleteNext Tuesday is the big day. It is the March 9th, one year anniversary of the bull run.
I think MM's are waiting for the jobs report to come out.
ReplyDeleteVIX is show a positive print while market is up. This could signal a small sell at the end of the day.
To go off track a little bit here. But is anyone using, or can recommend, a good web based Level 2 quote service with charting? I don't want to use my brokerage and I jump around computers too much to use installed software.
ReplyDeleteMost Asian markets were down big last night. Most of them are down at least 1%.
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