I worry when I see so called "professional" traders who have subscription services and recommend that folks buy falling knives in the "hope" that they will be the first ones to be "right". This is dangerous and quite frankly, the …
I worry when I see so called "professional" traders who have subscription services and recommend that folks buy falling knives in the "hope" that they will be the first ones to be "right". This is dangerous and quite frankly, the …
We are no strangers anymore to market swings of 100-300 points on any given day. The deterioration began when the indexes broke their 50 DMAs in the past 30 days. But, ahead of the election, SPY in particular tried its …
We are no strangers anymore to market swings of 100-300 points on any given day. The deterioration began when the indexes broke their 50 DMAs in the past 30 days. But, ahead of the election, SPY in particular tried its …
Day of election and market continues to hold support testing yet another level of resistance be it last Friday's high or the overhead 50 DMA. That puts the technical analysis looking at a very clear window. Either the market continues …
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 …