The market experienced a little bit of profit taking today but the uptrend (particularly in the Qs) remains intact. The Russell 2000 (IWM) continues to be the biggest reason for concern for the market as it came down to the important 80 level where there has been prior resistance and it is also the location … Read More
Euro Tech Holdings Company Limited (Euro Tech) is a distributor of a range of advanced water treatment equipment (including chlorination equipment), laboratory instruments, analyzers, test kits and related supplies and power generation equipment (including recorders and power quality analyzers). During the year ended December 31, 2006, the Company distributed products to in excess of 1,000 … Read More
continue to surge higher. On Tuesday I suggested buying CBAK above 4.65, I did and sold yesterday near 7.00, this morning it is trading above 9.00! Two weeks ago I suggested loocking at CPSL, the stock was under 4.00, yesterday I received an email from a woman who purchased the stock at that level and … Read More
After breaking below the 200 day MA yesterday, the IWM recaptured that level and it looks like that weakness may have been a short lived trap. As pointed out yesterday, the IWM and SPY both found support at the 61.8% retracement of the move after the Fed meeting as well as the location of the … Read More
