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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 …
Ahead of long weekend, pick your spots carefully
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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 …
Island Top Still looms in the Bullish Trend Making Trading Tough
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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 …
Opposing signals with island top and bullish phase
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