Three days of digestion last week near the top of the recent trading range, which is potentially really exciting considering that the internals in conjunction with the pause show no particular fear in the market or a long term overbought …
More digestion near the top of the recent trading range with an accumulation day in volume in S&P 500although still under the daily average. Same with NASDQ only that has managed to maintain the breakaway gap from Tuesday. Both indexes …
Classic digestion day in NASDQ and S & P 500 with a confirmed phase change in SPY to Accumulation yet unimpressive volume. QQQ looks better since confirmed a bullish phase with a bullish candle and held the breakaway gap-albeit on …
Financials and Commodities step up on the first day of trading in the New Year. Lots of gaps higher which if this market is any good, should hold. The classic leading sectors/groups at the end of 2011 comparatively struggled -retail …
Volume wise, the week ended with a whimper and all three major U.S. indexes finished lower. Both theDow and the S&P 500 Index closed down 0.6% for the week and the Nasdaq Composite Index fell 0.5% on a weekly basis. …
Holiday Schedule- Live Coaching Session at 12:30 PM EST. (Recorded as well). That will be the perfect time to take notes on what we see for upcoming trends using our top down approach. No Evening Watch for Friday and will …
Holiday Schedule- On 12/28, I will not do a midday video and the level of my participation in the market thereafter will depend on market condition. I will start on twitter and take it from there. The Evening Watch again …
Holiday Schedule-Evening Watch tonight is abbreviated with a review of this week's picks that are still setup (not overbought) plus a summary of ETFs and Indexes below. Friday-I will be on Twitter for the morning or about 90 minutes only. …
Holiday Schedule-Evening Watch tonight is abbreviated with a review of this week's picks that are still setup (not overbought) plus a summary of ETFs and Indexes below. Friday-I will be on Twitter for the morning or about 90 minutes only. …
The Market's a Wonderland!
Today, the wonder was in the Ultrashort Lehman 20+ Year Treasuries (TBT). Rates made new lows this week; turned around yesterday and then today, opened firm in the face of index weakness. Rates stayed firm the …