FOUR CHARTS THAT EXPLAIN THE 2014 MARKET SO FAR $SPY $QQQ $DIA $AAPL $GLD $SLV
As new-year pension money pours in, the stock market is screaming higher today. The true test will be when the very short-term oversold condition is relieved. In spite of today’s rally, the first three days have a major significance that investors should pay attention to. On the first day of 2014, the stock market fell; this was the first such occurrence after six years. On Monday, the DJIA traced an outside day. In the present context, an outside day — which is formed when the high of the day is higher than the high of the previous day and the