The telling sign Wednesday was that although S & P 500 and DOW took out previous day highs, NASDAQ and Russell 2000 did not. In this treacherous market, all indexes in alignment is the best scenario and anything other than …
Although some sectors are improving, we still need the weaker ones to come aboard
…
After the comments made coming into Monday's low volume session- (3 signs of a bottom), I am only more encouraged that regardless which way the market goes from here, with inside days in ALL indexes, we have a great strategy …
Some real clear areas to watch on indexes and ETFs
…
Friday was just the type of day one would expect after a couple of days of huge selloff and phase changes accompanied with good volume. Digestion and a meager bounce off of the lows: not enough to actually totally believe …
I worry when I see so called "professional" traders who have subscription services and recommend that folks buy falling knives in the "hope" that they will be the first ones to be "right". This is dangerous and quite frankly, the …
Internals got negative, but rotation keeps some sectors in the running
…
We are no strangers anymore to market swings of 100-300 points on any given day. The deterioration began when the indexes broke their 50 DMAs in the past 30 days. But, ahead of the election, SPY in particular tried its …
Still looking at same sectors for leaders/laggers, only with patience
…
Day of election and market continues to hold support testing yet another level of resistance be it last Friday's high or the overhead 50 DMA. That puts the technical analysis looking at a very clear window. Either the market continues …