Chart Of The Day: Saks (SKS)
Saks (SKS) got smacked hard in the 2008 sell-off…from the low $20s down to as low as$1.50. Since then the stock has managed to pick itself back up in a big way and traded nicely technically. Several nice bullish wedges and flags have successfully played out over the past three years. Thus far in […]
Mid-Week Market View – May Selling?
As I sit here early Wednesday morning looking at yesterday's market action and the early trading in European markets, I notice the lack of energy in the tape. Since putting in a recent bottom last Thurday, the S&P500 jumped higher and last night closed only 13 points off the year to date highs. Earnings […]