The market is wearing shock absorbers. The 200 Daily Moving Average appears to be the cushion while it traverses on uneven roads. Since shock absorbers also have springs meant to dampen spring oscillations, we will call the fast moving average …
Current Market Phase and Longs/Shorts
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Week began with the wolf not grandmother considering the gap lower and consequential follow through. The 200 DMA back in the S&P 500 midst, Russell 2000 upon it and NASDAQ once again, the best hope that current levels hold as …
Good time to learn how to buy when you want to be short
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Last week ended with low volume and inside days in the indexes. Also noteworthy is that all but the Russell 2000 closed inside and in the lower part of the substantial trading range from Thursday. Russell 2000 fared better, closing …
Hello Goodbye-Title of a Beatles song and ode to the now elusive 50 DMA. Volume was not as heavy as it was yesterday. Then again, we have been writing that many investors remain sidelined. Since Friday is upon us, expect …
The Bears Have It
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FED says it's a TWISTER! No Quantitative Easing, but then again, always leaving that door open. Where is the market now? Holding the 50 DMA, still approaching "irrational exuberance" and technically, a significant distribution day in volume in the S&P …
Part 2
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Part 2
This content is for Premium subscribers only. Please register or click here to login.…