Not so fast on that sacrificial lamb metaphor you might be thinking to yourselves. There’s a reason that lamb had its throat slit this week.
Not to be too macabre, (poetic license if you will), the Market action at the …
Remember the comment from Tuesday night and the possible sacrificial lamb theory on the small caps-or how they were where the whole correction lived?
I looked up sacrificial lamb in Wikipedia. Here’s a direct quote, “Asacrificial lamb is a metaphorical …
Even with the small bounce in certain commodities-gold, silver, oil, coffee, sugar, etc., the cycle of deterioration in the market remained in gear mainly due to a reiteration of low inflation expectations or worse, deflation fears exacerbated by air strikes …
Except for a few dots of green, this week began precisely how many traders feared it might considering the recent decline of commodity prices.
Glaring divergences coupled with diminishing consumer demand of goods does not equal the new highs the …
Healthy digestion last Friday or another freaky scare for the bulls, reason to come out of the den for the bears? To quote Mr. Bill, “That is the question!”
Have I mentioned startling divergences lately? Oh yes, not since last …
A sleepy rally in the indices with pockets of excitement mainly in thefinancial sector. Semiconductors kicked into gear along withTransportation and certain Healthcare equities; yet overall, the day turned out better defined by glaring divergences.
Perhaps the major culprit of …
The FED gave stocks a temporary intraday reason to party with the now confirmation we needed for the phase change in the small caps, while the Dow ran for its second day to new highs.
However, many individual equities and …
A couple of signs coming into Tuesday’s session made the rally not only probably but somewhat expected. First, the S&P 500 broke the recent trading range on Monday yet closed within the range. Secondly, the Dow or DIA held on …
We came into this week expecting a possible trading range expansion with the caveat that how the indices closed was more key than how they behaved intraday. Furthermore, we also anticipated amuted start of the week ahead of the FED …
Before we start claiming that the top is in, considering that the recent trading range made yet another new low on Friday, the holdout remains NASDAQ. Until it gives up 99.00 with volume and with no coming back the next …