The global economy continues to sag, commodities continue to plumb new depths, and central banks continue to print. Despite the market's trendlessness, certain stocks we have emailed members in real-time have offered some opportunities. Nevertheless, this is a market where baby steps can result in nice profits over a period of time, therefore take profits where you have them in context with the chart, and keep stops tight so you preserve precious gains.
Market Lab Report - Premarket Pulse 8/17/15
|Published:||17 Aug 2015 14:15 ET|
Major averages rose Friday on lower late summer volume. All of the major moving averages remain below their 50-day moving averages and have wedged higher over the past two days after Wednesday's upside reversal. The S&P 500 has rallied right up into its 50-day moving average, which could set up the context for a pullback from here.
Like what you read?
Let us help you make sense of these markets by signing up for our free Market Lab Reports:
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.