James "Rev Shark" DePorre
Recent Articles By The Author
There is a lot of grumbling that the positive response to earnings that were recently cut is not justified.
It can be hard to figure how stocks will react to news, so it is critical for market participants to stay intently focused on price movements.
Apple shares are up nearly 4% in after-hours trading.
While the indices are no longer severely overbought, they have been stalling for the past week. Stay vigilant and be ready to act.
The bears were unable to generate sustained downside pressure on Monday as the indices closed down.
There are some warning signs flashing but the news events in the next couple of days will tell the tale.