Lot of inside days in a couple of indexes and sectors. Also, not unexpected, a rally in AAPL brought buyers to NASDAQ which cleared the fast moving average. Russell 2000 and the Dow had the inside days. S&P 500 a …
And more reasons why the 2013 picks were chosen
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This is what a bullish market is made of-gap lower, rally throughout the day, close higher. And, although volume was light (and has been) pricewise, the S&P 500 and the Russell 2000s now look potentially explosive! What would change that? …
Also, how to handle parabolic swing trades
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Market appeared to be waiting for something fresh to go on-and nothing tangible emerged. Therefore, this day was more healthy digestion with no major damage done. Furthermore, the Russell 2000, which has been leading, now has 2 inside days in …
How the 3 major timeframes paint a whole picture
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Low volume week but strong finish pricewise. The trend is clearly intact in the S&P 500. In the NASDAQ, again, in spite of AAPL's weakness, it closed near the highs. And the small caps ended with an inside day, which …
The financial sector resumed the lead and my dear friend semiconductors (if you follow the ETFs I write about, you know I have tracked this carefully), also busted out. One last little nagging indicator would like to see join the …
If probing or confirming, this should help
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Call it lack of fresh news, breath holding now that earnings has begun, a market in digestion near the highs-your guess is as good as mine-but today was choppy with some great performers and others totally weak. It's that kind …