Market action Monday was neutral to slightly positive having held key support levels but not able to clear key resistance. And, all phases are in warning, which means unclear and at this point more vulnerable than not unless the internals …
Market action Monday was neutral to slightly positive having held key support levels but not able to clear key resistance. And, all phases are in warning, which means unclear and at this point more vulnerable than not unless the internals …
Although neither as sobering nor tragic as Sandy, one does have to assess the Friday damage to the market and look forward with a logical plan. Of course, with US Elections on Tuesday, all plans are subject to change; therefore …
Although neither as sobering nor tragic as Sandy, one does have to assess the Friday damage to the market and look forward with a logical plan. Of course, with US Elections on Tuesday, all plans are subject to change; therefore …
Those interesting setups in certain sectors/groups I wrote about Wednesday night really paid off if you were watching. Retail, Financials, shone bright. Semiconductors showed up too! S&P 500 broke out of its sideways pattern, stopping short of the fast moving …
Back from the storm with more sideways action in S&P 500, the Dow, and an inside day in the Russell 2000. NASDAQ also posted an inside day but closed in an unconfirmed distribution phase with neutral market internals both long …
Incredible sideways action the last 4 days of the week in S&P 500, the Dow, and a test but hold of the 200 DMA in NASDAQ and the Russell 2000. Still lots of earnings ahead, but the big guns are …
Now that AAPL earnings are done with, as expected, NASDAQ weakened under the 200 DMA after the close, but AAPL itself although not great, seemed to have had a lot of the disappointment factored in. More importantly, perhaps we can …
Now that AAPL earnings are done with, as expected, NASDAQ weakened under the 200 DMA after the close, but AAPL itself although not great, seemed to have had a lot of the disappointment factored in. More importantly, perhaps we can …
Did a thorough analysis of the phases in all 4 indexes. In a nutshell: S&P 500 in a warning phase that could go either way-accelerate to downside or bring back buyers at least to test the overhead moving averages. NASDAQ …