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 …
And using swing versus miniswing rules
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S&P 500 remains in correction mode holding the January 2nd low at this point. Somewhat of a distribution day in volume although overall, volume is under the average daily. NASDAQ although down, performed better. The gap up from January 2nd …
2 or more days of negative FTPS and we use OR's and R1 if risk is in line
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Good news is that despite the down day in the indexes, all held last Friday's lows. As I suspected the tone for the week would be set with today's action, will modify that statement to a degree. Indeed longs should …
A good review of picks, strategies, longs and shorts
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The week ended with digression. S&P 500, Russell 2000 and the Dow closed well proving time is just as valid as price correction. NASDAQ however, mainly thanks to AAPL, closed weak although to its benefit, managed to hold the January …