NAVIGATE THE STOCK MARKET FOCUSES ON:
(1) Daily momentum analysis of the DOW 30 stocks and 15 ETFs across various market sectors.
(2) Stock Market commentary and analysis.
(3) Buy/Sell signals for major market turns.
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Tuesday, March 1, 2011
Navigate the Stock Market analysis slipped to SELL again...
Quick update today as I head out the door early….
No surprise here, the Navigate the Stock Market analysis slipped to SELL again today as the S&P 500 fell 1.6%.Volatility was up nearly 15%.
I went to a stock discussion site this morning that urged its visitors to buy-buy-buy, because that has been the right move in this bull market.The folks that took that advice may not feel so good this afternoon.
I wouldn’t be surprised to see a couple of quick down days soon.Today should have the “buy-the-dip” crowd worried that this may be more than just a dip.That may bring out some sellers.