The Headline at the end of Thursday's session: S&P 500 closes the week at record high for the first time since 2007! However, it did not clear the closing high made on March 14th of 156.73. Thursday's high was posted …
It felt like an up day but it wasn't. Why? Some sectors rocked while others were lackluster yet others were negative. Doldrums began to set in midday with expectations for tomorrow, the day before a long holiday, are pretty much …
I took a 2 day break to see family. Stepping back gives traders a chance to reflect on the market. I left Friday seeing both the good and the bad in the market and clearly, that has not changed much. …
Note: Today's Evening Watch was prepared by Geoff Bysshe. Mish will be back to prepare it on Tuesday evening.
The market got off to a positive start but fell back toward the lower end of its two week range. With …
Before we get all celebratory; there are both good and not so good signs in the market as of the close of last week. The bad: Island top in S&P 500 is still there and that index failed to close …
Island top in S&P 500, which I have been writing about since last Friday, got some legs today. Once the SPY gapped lower this morning, especially after the Venus Fly Trap warning, the writing was on the wall. Now, although …
Market got through Cyprus, Bernanke, yet still has the looming island top candle in the S&P 500. Unless that gap gets filled (156.22), the buzz around here is caution. After all, I am now beginning to see images of a …
Last week I was all about the marathon runner who hits the wall and either collapses before or at the finish line, or makes it recharged. The Dow collapsed before the finish line and the S&P 500 made an island …
Last week I was all about the marathon runner who hits the wall and either collapses before or at the finish line, or makes it recharged. The Dow collapsed before the finish line and the S&P 500 made an island …
As I did my research on stock setups, it seems that the move to the downside in the current bull phase, as long it holds, has more correcting to do. The island top confirmed in S&P 500. The last time …