There's a 10% move looming but really could go either way
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Maybe over the long haul the "twist" will do something good for the US economy. Maybe the best thing is that the FED stood aside allowing the market to sell off sharply on its own volition. Maybe the selloff in …
As anticipated GLD and many commodity related instruments got hit today. All of the conflicting signs: the weaker stocks that rallied, phase still bearish, lack of participation by market leaders, poor overall volume, low consumer confidence and short term hike …
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There are conflicting signals and a tug of war. First, there is the impressive hold of the August lows and a return to the channel that had broken down in the indexes (SPY chart illustrates). Then, there is the phase-clearly …
Phase still negative, leaders absent, many others working off oversold conditions
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Incredible rally off of the August lows, led by the groups that have been trailing for some time now, which could be first indication that the FED's non-inflationary actions are sustainable. We came in with a game plan to buy …
Looking top down, SPY holding August lows, must close above that 200
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I always have to preface any stray comments from technical analysis with the disclaimer that I am not an economist. But I wrote about Operation Twist a week before it hit the twitter stream because it seemed the right thing …