S&P 500 (SPY) like the Dow (DIA) took out their last swing highs and then closed well indeed, but backed off end of day just enough to keep the weaker longs cautious. NASDAQ 100 (QQQ) and Russell 2000 (IWM) did …
And so the month ends with the best first quarter performance since 1998. 1998 had drama for sure. The Russian ruble crisis resulted in a collapse of Long-term Capital Management (LTCM). In October 1998, the company was rescued, but only …
And so the month ends with the best first quarter performance since 1998. 1998 had drama for sure. The Russian ruble crisis resulted in a collapse of Long-term Capital Management (LTCM). In October 1998, the company was rescued, but only …
The Dow (DIA), S&P 500 (SPY) and Russell 2000 (IWM) all recovered from the gap lower to close in much better shape. However, we remain tempered in enthusiasm as the quarter ends because all ran up to resistance at the …
The Dow (DIA), S&P 500 (SPY) and Russell 2000 (IWM) all recovered from the gap lower to close in much better shape. However, we remain tempered in enthusiasm as the quarter ends because all ran up to resistance at the …
If the market is "Hungry Like a Wolf", it managed to scare the livestock off, but with how much collateral damage? Second distribution day in volume in the last 2 weeks, but no real major volume to speak of. With …
If the market is "Hungry Like a Wolf", it managed to scare the livestock off, but with how much collateral damage? Second distribution day in volume in the last 2 weeks, but no real major volume to speak of. With …
NASDAQ 100 is becoming the "Boy Who Cried Wolf," with today's new multi-year high, close on the intraday low pattern we see once a week these days. Ok, so some sheep are nervous and rightfully so. Most of this rally …
NASDAQ 100 is becoming the "Boy Who Cried Wolf," with today's new multi-year high, close on the intraday low pattern we see once a week these days. Ok, so some sheep are nervous and rightfully so. Most of this rally …
Not too crazy about a weakening US dollar for the ultimate best case scenario (the one where the improving US economic recovery takes the credit for the rally). Nonetheless, since we have been long across many groups and sectors since …