Portfolio Alert

In my last post I said that we were growing increasingly concerned over the deteriorating market since last week’s election. A key area of support historically has been the 200 day moving average (DMA). The DMA is just the average price of a stock or an index for the...

Rally or Top?

The markets have had a very nice rally since mid July when Mario Draghi, ECB Head, gave a speech indicating that the ECB will do “whatever it takes” to keep the Euro together. This week has brought a modest pause to the advance. The question now becomes, “Is this a...