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.
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