The Dow Jones Industrial Average managed to finish in the black last week, barely. The Dow fought back Friday afternoon to close just above the 11,200 level.  The SPX closed right at resistance and though this week is a short one, it could provide a clue as to market direction into the end of the [...]

Written by Dan Micovic Not only did the Dow lose 4% last week, it dipped below the psychologically important 10,000 level on an intraday basis on Friday. The Dow is now about 9% below its 2010 high, which was set in late April. Also the VIX is now sitting above 40. Despite Friday’s late strength, [...]

Written by Dan Micovic We saw some great achievements by the market this week.  On the first day of the week (and month), the Dow Jones Industrial Average cracked the 10,400 mark for only the second time since Jan. 20. On Thursday, the Dow closed in positive territory for the year. On the final day [...]