Turnaround Tuesday alright. Or should I say, turned around Tuesday. However, a couple of trends been pointing out all year-first is the downtrend in Metals, Energy andOil. Second is the relative strength in Biotech, Retailand Real Estate. With that said, …
Ok to lose with discipline-part of trading
…
Week begins with a low volume snooze fest, but I am happy about that. Why? Because it makes the correction in a bull phase scenario more likely and gives traders plenty of time to look for confirmation. Plus, NASDAQ had …
Phase, Sector, Pivots, Opening Range
…
Friday ended the week as anticipated with a sell off after the S&P showed signs of fatigue late Thursday. Plus, there was a second distribution day in volume.NASDAQ fell to test the fast and 50 day moving averages and held. …
Since June 26th, Today (Thursday) was the first sign of perhaps the fun is subsiding, especially inS&P 500 as it closed under key pivots and posted a distribution day in volume. In contrast, NASDAQ had an accumulation day in volume …
Managing tails in ETFs and Stocks
…
Prepared by Geoff Bysshe, Co-Founder of MarketGauge, filling in for Mish.
The Confirmed Bullish Phase Shows Off Its Influence
Hi Lincoln,
Tuesday was perfect example of pre-holiday bullish drift. Very often the market will move effortlessly higher leading in to …
Prepared by Geoff Bysshe, Co-Founder of MarketGauge, filling in for Mish.
Tuesday the stock markets will close at 1:00 EST so expect a very light trading day and action similar to today's consolidation. With the exception of IWM's impressive sprint …
Use The 4 Market Charts To Get The Whole Story
…