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 …
Game Plan while that works through its impact
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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 …
BAC, GS and KSS all great examples
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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 …
Of course, before FED we are patient
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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 …
If so, we are light, if not, more opportunities will present
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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 …