The indices managed to surge at the end of the day and closed at the highs for the day going away with some gains on the session after some early losses, as this resilient market once again held price and moving average support before moving back up in a nice 5-wave advance from late morning until the end of the day.
Dr. Julie Peterson-Manz reviews the Around The Horn stock action for November 16, and presents trade ideas that still have the possibility of triggering for November 17.
Small caps may start seeing positive money flow that enables the Russell 2000 to start playing "catch up" to the rest of the indexes. Such action would help confirm yesterday's breakout in the broad market.
Ben Bernanke’s remarks in his speech at the Economic Club of New York about a strong dollar policy, without any specific promise to support the currency, appear to have left doubts that this stated policy is sincerely held.
The markets were up again in a very sharp rally to start the week. The day started out with a gap up and a very strong rally that took them to new 2009 highs.
Copyright 2026 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
Free Festival of Traders Videos
Stocks
full story
printer version
visit site