Semiconductors (my absolute favorite sector for 2013 and one I have made no secret about) rocked out today, confirming a breakout over a channel that goes back over 11 years! Will the trend continue? All signs point to yes; but, …
Almost a repeat of Monday only better, the small caps (IWM) continued climbing along with the transportation and financial sectors, while the long bonds continued going south. Traders tend to underestimate the power of Runaway gaps so it is my …
Almost a repeat of Monday only better, the small caps (IWM) continued climbing along with the transportation and financial sectors, while the long bonds continued going south. Traders tend to underestimate the power of Runaway gaps so it is my …
Super low volume digestion day in the indexes after the exciting conclusion to last week may seem like a letdown. The gaps left from Friday in the S&P 500, NASDAQ and the Dow all held up and for further confirmation …
Super low volume digestion day in the indexes after the exciting conclusion to last week may seem like a letdown. The gaps left from Friday in the S&P 500, NASDAQ and the Dow all held up and for further confirmation …
The Dow and NASDAQ began Friday’s session with a breakaway gap (a jump and hold over recent price activity). Question on everyone’s minds after the volatility swings last week is whether this was a Runaway or Exhaustion gap? Runaway and …
The Dow and NASDAQ began Friday’s session with a breakaway gap (a jump and hold over recent price activity). Question on everyone’s minds after the volatility swings last week is whether this was a Runaway or Exhaustion gap? Runaway and …
Good evening readers! You may address me tonight as Ms. Prudence as the “Sell in May, then walk away” believers who read last night’s daily hopefully heeded the warning of not banking too much on such hackneyed phrases. Naive or …
Good evening readers! You may address me tonight as Ms. Prudence as the “Sell in May, then walk away” believers who read last night’s daily hopefully heeded the warning of not banking too much on such hackneyed phrases. Naive or …
I tend to despise hackneyed phrases like "Sell in May, then go away." I believe they become self-fulfilling prophecies and certainly, here we are May 1st, and that adage looks accurate. But, I have also seen about 5 other calls …
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