Several market internals indicators have been very overbought for days. Today I bring it to your attention because the SPY and IWM closed below yesterday’s low for the first time in a while. This is significant.
Watch this video to …
The market indexes a flirting with their very important 50-day moving averages in their bearish phases, and this means they are at big inflection points.
If the markets move up from here you will look back at this period as …
The SPY has rallied off of its double bottom right up to its negatively slopped 50-day moving average. After the size and speed of this bounce it would be prudent to expect some attempt by the market to move lower …
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After big up weeks, what's next?
Here's a weekly chart with historgram view of the 1 week percent change in the SPY. The dashed lines are at …
January crushed most stocks, but now the major indexes have stopped going down right where we should expect them to hold.
So now is the time to look for a few simple patterns that can identify stocks that could become …
Last Friday the stock and bond markets rocked higher on a surprise announcement from the Bank of Japan that it was cutting its benchmark interest rate to below zero.
I have to admit I didn’t anticipate this move either, but …
There is a very simple indicator that counts how many stocks are above their 200 day moving average. In this video you’ll see how well this simple number can tell you when to be long or short.
Plus, you’ll discover …
It’s no secret that the plunge in U.S. stocks this year has been blamed on only a few primary factors so in this latest Trades & Tutorials blog post, you’ll discover a concise look the top two negative forces plaguing …
In my last post I hinted that the first day of the year can help you identify the initial trend of the year and it certainly did that this year. If you held off on any long traders until we …
As we neared the end of 2015 I posted “January is always full of surprises”.
The markets didn’t waste any time in 2016 before rattling investors. Day one was the worst first day of the year since 2008. In fact, …
