Nice consolidation at these high levels ahead of the jobs report. (Expectations are for a rise to 8.2% from 8.1% so anything much worse or better will have an immediate impact.) All indexes over the fast moving average which means …
Feels like we are trading in a sequel of The Fast and the Furious. Fast moving average? The Furious 50 DMA? It's all good though since when markets digest near higher levels, generally, that is a good sign. Key is …
Feels like we are trading in a sequel of The Fast and the Furious. Fast moving average? The Furious 50 DMA? It's all good though since when markets digest near higher levels, generally, that is a good sign. Key is …
Nice to see some of the sector and groups in the green-real estate, energy, homebuilders, semiconductors, transportation, financials. Retail struggling still. Now perhaps the indexes can finally cross the fast moving averages. That is what we will be watching for. …
Nice to see some of the sector and groups in the green-real estate, energy, homebuilders, semiconductors, transportation, financials. Retail struggling still. Now perhaps the indexes can finally cross the fast moving averages. That is what we will be watching for. …
The market began the month and quarter testing the fast moving averages then retreating. Whereas the market internals in the S&P 500 turned positive in the short term, NASDAQ 100 turned slightly negative. The overall trend remains bullish, volume patterns …
The market began the month and quarter testing the fast moving averages then retreating. Whereas the market internals in the S&P 500 turned positive in the short term, NASDAQ 100 turned slightly negative. The overall trend remains bullish, volume patterns …
Nagging 4th distribution day in volume ending the month in NASDAQ 100 and S&P 500. That looks to be saying the market wants lower after the Thursday bounce that could not reach the fast moving averages. But, QQQ and IWM …
Nagging 4th distribution day in volume ending the month in NASDAQ 100 and S&P 500. That looks to be saying the market wants lower after the Thursday bounce that could not reach the fast moving averages. But, QQQ and IWM …
And right on cue, a rally to resistance as none of the indexes were able to test or clear the fast moving averages. But certainly, in the face of some anemic economic numbers, they did indeed bounce off the lows-and, …