Brandi Carney

First, the drop to the market at the end of last week (Thursday and Friday) was not unexpected if you were paying attention to the charts. If anything, the decline was a bit overdue, as a deeper decline that took place is often seen in mid to late May. The charts from the 8-day down to the 233 were screaming they were ready for a decline by Wednesday (6/01). So, the down was not (should not have been a surprise). Today, Monday (6/08), the $COMPQ and $SP500 are both bouncing or up… well,...

I don’t have a particular theme or idea for this edition. So, I’m just going to write, and it will go where it goes and be what it is. Let me start with the down of last Friday… One of the hardest things to learn and accept as a new student is that market downturns, or declines in individual stock prices, are both good and necessary. Any market that would go up constantly or down constantly will not be able to sustain. When markets go up and up without obvious and significant down...