A red close all around with Russell 2000s finally giving it up under the fast moving average, while NASDAQ, although under pressure, outperforming the rest of the indexes. I have been writing about the S&P 500 and its near term …
Looking at our indicators, S&P 500 long term remains in great shape yet still shows shorter term as overdone. NASDAQ shows longer term not as strong as SPY, but on the shorter-term, moderately positive. Another classic day of dips as …
Looking at our indicators, S&P 500 long term remains in great shape yet still shows shorter term as overdone. NASDAQ shows longer term not as strong as SPY, but on the shorter-term, moderately positive. Another classic day of dips as …
Although the market internals are weakening to some degree, the volume and action is so uninspiring right now for both the bears and bulls. Therefore, this is also a good time to keep eyes on the sector and group rotation …
Although the market internals are weakening to some degree, the volume and action is so uninspiring right now for both the bears and bulls. Therefore, this is also a good time to keep eyes on the sector and group rotation …
S&P 500 has the longest winning streak since 2004; 1st close above 1500 since December 2007. These are the type of lofty headlines that make traders very happy (if their P & L is in line with the market), very …
AAPL-the Aftermath. I'm pretty certain those AAPL longs are wishing for Silence of the Lambs. Price action on the daily NASDAQ chart looks like a tear drop. However, the moving averages are about to cross back to golden. S&P 500 …
AAPL-the Aftermath. I'm pretty certain those AAPL longs are wishing for Silence of the Lambs. Price action on the daily NASDAQ chart looks like a tear drop. However, the moving averages are about to cross back to golden. S&P 500 …
I am writing this while AAPL digests the miss on earnings and NFLX digests the beat. So, what could that do to the market? A couple of caveats as we continue overbought on the near term Relative Strength Indicators-first, the …
I am writing this while AAPL digests the miss on earnings and NFLX digests the beat. So, what could that do to the market? A couple of caveats as we continue overbought on the near term Relative Strength Indicators-first, the …