And if that ain't the way of the market this year-get in, hit the 3-5 day move up or down, and get the hell out. Give back some of your hard earned dollars before heading back to a mainly cash …
First big stock earnings yields post market gain in Google. At time of writing, it's up over 4%. This on the heels of a digestion day in the S&P 500 with a higher close for the 3rd consecutive day. Plus, …
The divergence between GLD and the S&P 500continues with possibility of rates having bottomed. The indexes had a low volume rally, but nonetheless, show no signs yet of this move abating other than a continuing lack of real heavy commitment. …
Been waiting for some signals longer term and others shorter term. Longer term, I waited to see rates at a possible low. Today, that might have happened. I waited to see if GLD would finally falter-that's been happening for a …
Inside day in the indexes which on the heels of a huge move Friday, given the low volume then and now, is not surprising at all. But, if a believer in trading the phase, one has to think "buy".
S&P …
In your face market correction! Only, I sort of wish the rally was not quite as robust as it was %age wise given the lack of volume that accompanied it (or didn't accompany it so to speak). Be that as …
FED Folly. S&P 500 held the 50 DMA and closed with nearly a DOJI as if to say, "What the heck do we do now?" And that was the nature of Wednesday. But, it's also the nature of a market …
Turnaround Tuesday alright. Or should I say, turned around Tuesday. However, a couple of trends been pointing out all year-first is the downtrend in Metals, Energy andOil. Second is the relative strength in Biotech, Retailand Real Estate. With that said, …
Week begins with a low volume snooze fest, but I am happy about that. Why? Because it makes the correction in a bull phase scenario more likely and gives traders plenty of time to look for confirmation. Plus, NASDAQ had …