I wouldn’t call it extraordinary volume, but volume did come in on the S&P 500, Dow and NASDAQ giving them all a distribution day. However, the small caps or Russell 2000s, which tipped us off on this correction, not only …
As the week began we had 2 technical patterns on our minds. First, the possible reversal candles in the indices from last Friday. Second, the volume as a main feature to show which way this market would go in the …
After the low volume Thanksgiving Holiday week, I’m expecting the week to kick off with an exciting surge in volume coming into the market. Black Friday and Cyber Monday will certainly stimulate the retail sector(XRT) and should create several fresh …
NASDAQ breaks 4000! The Russell 2000s reached 113.00-the resistance we expected. The Dow and S&P 500 make new highs and retreat from them by the close. The Real Estate Sector ETF weakens again. WHAT? That’s not bullish! Yet Simon Property …
Light volume, digestion of prices, no radical change in the breadth of the market-as predictable ahead of Thanksgiving-or “Thanksgivingukkah”- as are long airport lines, turkey, stuffing and football! An optimist is a person who starts a diet on Thanksgiving Day. …
As we seasoned traders watched the substantial boost to our portfolios last week, an article in the newspaper got my attention. The headline: U.S. Life Expectancy Ranks 26 in the World. One reason cited for this statistic is that *“Americans …
The Dow closed on new highs yet didn’t make new intraday highs. The S&P 500 and NASDAQ firmed, still a bit away from their highs. The Russell 2000s nearly doubled the performance of the other 3 percentage wise with a …
Hump day and well, no comment on how the Federal Reserve and the release of the FOMC minutes fit into that euphemism.
The Dow retreated back to the fast DMA and the channel it broke out from (close enough anyway). …
Monday the market closed up but it felt as though disaster loomed. Tuesday, the market closed lower yet it feels more solid. The psychology suggests that when we brace for the worst, the not-so-bad seems great! We humans are such …
My husband, Keith Schneider, CEO of Marketgauge and my partner in our hedge fund, typically does not sit in front of computer screens all day like I do. At one point during today’s session, he made a cameo appearance and …