
WEAK TREASURY AUCTION TAKETH AWAY WHAT THE BOJ GAVE TO THE STOCK MARKET, BUYING ON JOBLESS CLAIMS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Buying On Jobless Claims Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows the stock market is consolidating in the support zone. Investors should carefully watch if the stock market breaks above the support zone or below the support zone. The chart shows that RSI is oversold. Oversold markets tend to bounce. The chart shows that the stock market was on the verge of dropping