Category Archives: Daily Commentary

Barry Boswell’s commentary on the day’s stock market activities.

Wednesday September 24, 2014 – Daily Market Update

In yesterday’s daily update, I mentioned that support in the S & P 500 should be at 1,984.40. Today, the market came down to 1,978.63 and promptly reversed. So, it stopped 5.77 underneath the support line I called for. Since … Continue reading

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Tuesday September 22, 2014 – Daily Market Update

In yesterday’s weekly market update, I identified 1,984.40 as a level of support for the S & P 500. You can read it here … http://fusiontraderblog.com/?p=159 If you would like to have my weekly updates delivered directly to your inbox, … Continue reading

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Thursday September 18, 2014 – Daily Market Commentary

In my last daily update on Tuesday, I mentioned how volatile the market can get on days of the FOMC meetings. And yesterday certainly did not disappoint in that regard. Right at 2:00 EST, the S & P 500 dropped … Continue reading

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Tuesday September 16, 2014-Daily Market Commentary

In yesterday’s weekly update, I mentioned that when a major level is taken out in the S & P 500, that it is not uncommon to see a pullback or a consolidation afterwards. You can read it here … http://fusiontraderblog.com/?p=153 … Continue reading

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Thursday September 11, 2014 – Daily Market Commentary

Wow. I can’t believe it has been 13 years since the attacks on the World Trade Center. It really seems like yesterday. That was one of those days that everyone remembers were they were when it happened. Sought of like … Continue reading

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Wednesday September 10, 2014 – Daily Market Commentary

Yesterday, I discussed the price action on Apple as a result of their new product announcements. Apple closed yesterday at $97.99, after opening at $99.08. So, basically Apple closed down $1.09, after having an intra day range of over $7. … Continue reading

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Tuesday September 9, 2014 – Daily Market Commentary

So today was the long awaited release by Apple of the iPhone 6. They also unveiled a smartwatch and a new payment technology for mobile devices. This was a highly publicized and highly anticipated event. Makes me think of the … Continue reading

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Friday September 5, 2014 – Daily Market Commentary

So, the job reports was released before the open and was not as wonderful as everyone expected. The market sold off yesterday afternoon and was down before the open based on the report. Then the market found support and proceeded … Continue reading

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Thursday September 4, 2014 – Daily Market Commentary

Today has been somewhat of a see saw battle before the release of the non farm payroll report tomorrow morning. The market gapped up this morning and ran up to a high of 2,011.17 on the S & P 500 … Continue reading

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Friday August 29, 2014 – Daily Market Commentary

Yesterday I was saying how today would be a slow day because of the holiday weekend and how the New York Traders would be escaping early to get to the Hamptons. But, there were still some moves in spite of … Continue reading

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