Those interesting setups in certain sectors/groups I wrote about Wednesday night really paid off if you were watching. Retail, Financials, shone bright. Semiconductors showed up too! S&P 500 broke out of its sideways pattern, stopping short of the fast moving …
As internals improved, our plan executed perfectly
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Back from the storm with more sideways action in S&P 500, the Dow, and an inside day in the Russell 2000. NASDAQ also posted an inside day but closed in an unconfirmed distribution phase with neutral market internals both long …
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Critical areas in SPY and QQQ: One will lead
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Incredible sideways action the last 4 days of the week in S&P 500, the Dow, and a test but hold of the 200 DMA in NASDAQ and the Russell 2000. Still lots of earnings ahead, but the big guns are …
Now that AAPL earnings are done with, as expected, NASDAQ weakened under the 200 DMA after the close, but AAPL itself although not great, seemed to have had a lot of the disappointment factored in. More importantly, perhaps we can …
This week, VHC SWI and now SIG: The Stock Pickers Delight!
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Did a thorough analysis of the phases in all 4 indexes. In a nutshell: S&P 500 in a warning phase that could go either way-accelerate to downside or bring back buyers at least to test the overhead moving averages. NASDAQ …
A couple of interesting potential developments to consider in spite of the huge down day. First, is my close friend Semiconductors. Yes, we go way back as a rally cannot sustain without them, I believe. And conversely, a selloff should …