Possible double top in S&P 500 or a launch pad to blast off from? That is the type of hesitancy this bull market has created since the end of February. And, for good reasons. First off is the NASDAQ which …
That April 15th high taunts us in all the indexes with only the S&P 500 closing the week out above it. Friday was such a slow day, I was able to lunch with the ladies, a most welcome respite after …
The main story today is that all of the indexes, with the exception of the Dow, closed at or above the 4/15 highs that were mentioned yesterday. The S & P 500 and the Russell 2000 closed decisively above the …
As the dust settles on AAPL and the question remains on whether its worth will be measured as a value/dividend play with a potential kicker to the upside if products are released, NASDAQ had an inside day. S&P 500 ended …
Even with today's shenanigans (in the form of someone hacking into AP's Twitter account and spreading rumors of explosions at the White House), our analysis that the bull trend is continuing became more apparent. The S&P 500 and NASDAQ confirmed …
The week went out with a limp over the 50 DMA in S&P 500, holding it in the Dow (after an abysmal day for IBM), NASDAQ pushed up against the 50 DMA and IWM (Russell 2000) held the February lows, …
At least there is always something exciting happening in the market, even on the slow drip, eroding phase days. I am talking about Vertex Pharmaceuticals, which rose 50% in the aftermarket based on a study revealing substantial improvements in lung …
From Tuesday's Daily: "With everything posting inside days, that makes Wednesday's trading range possibly the most decisive of the week." With now 3 substantial distribution days in volume (when the volume exceeds the volume from the day prior with a …
An inside day-or a trading range within the range of Monday's big red day, was not only anticipated, but also a repeat of the pattern I wrote about that occurred on February 25th. Therefore, as a pattern to be respected, …
Bloodbath followed by bloodshed. How does one write pithy comments after a day like today? Trying to shake off emotions and the all too familiar trauma having worked in the World Trade Center for so many years and losing many …