Tuesday’s market direction outlook was for stocks to be weak but stage a comeback in the afternoon and close slightly positive. Instead we got a mixed result on Tuesday with the Dow up 13.76 points and the NASDAQ down by 32.90 and the S&P also down by 7.13. Losses were minor and definitely they were worse earlier in the day. The S&P stayed above the important 1970 support level all day which signals there could be more upside ahead still for stocks. However the present weakness has to be dealt with and it could last another day.
Tonight’s market direction outlook is expanded and includes an indepth review of the markets, for members..
With stocks half way through the week tomorrow, I thought it prudent to review the markets a bit more in-depth.
Members Only Market Direction Outlook for Oct 7 2015
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