Coming into Monday, the NASDAQ leaders and the semiconductors had to prove themselves. The Financial Sector had to hold, but not necessarily rally. The indexes are all near their 50 DMA except the DJ Industrials, which are on the 50 …
Low volume and great price action ended the week, clearing the May 29th high in S&P 500 and in the DJ Industrial Average ETFs handily. However, the Russell 2000 and NASDAQ did not. Since I like the trading bubble yet …
Low volume and great price action ended the week, clearing the May 29th high in S&P 500 and in the DJ Industrial Average ETFs handily. However, the Russell 2000 and NASDAQ did not. Since I like the trading bubble yet …
Friday Quote: I had a stick of CareFree gum, but it didn't work. I felt pretty good while I was blowing that bubble, but as soon as the gum lost its flavor, I was back to pondering my mortality.
Mitch …
Friday Quote: I had a stick of CareFree gum, but it didn't work. I felt pretty good while I was blowing that bubble, but as soon as the gum lost its flavor, I was back to pondering my mortality.
Mitch …
More noise, more volatility, more market remains at a midpoint- in a warning phase, still vulnerable, yet with the longer term uptrend intact. Russell 2000 and Small Caps make the trip back to Distribution Phases.
S&P 500 (SPY) Held the …
More noise, more volatility, more market remains at a midpoint- in a warning phase, still vulnerable, yet with the longer term uptrend intact. Russell 2000 and Small Caps make the trip back to Distribution Phases.
S&P 500 (SPY) Held the …
The fast moving averages were next up as support and all held. After a lot of buzz concerning the bearish engulfing patterns that developed Monday, the relevance of those patterns matter mainly if they occur at swing highs or lows. …
The fast moving averages were next up as support and all held. After a lot of buzz concerning the bearish engulfing patterns that developed Monday, the relevance of those patterns matter mainly if they occur at swing highs or lows. …
Indeed Friday caught us by surprise-because it defied logic based on the technical analysis we do each and every day. So, although not happy about a 140 point drop, at least in the Vulcan world of trading, logic is restored. …
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