3 things are clear. 1. The market is not dead yet. 2. The Rotation and Roll Game is alive and well with the Transportation Sector (IYT) the new “it” ETF 3. The Japanese Bearish Candlestick pattern in the S&P 500 …
Hard to look at more scary candles or a market that makes new highs then closes on its lows. It’s hard not to view a lower close as the end of days. But, stepping back, there has been incongruity with …
Hard to look at more scary candles or a market that makes new highs then closes on its lows. It’s hard not to view a lower close as the end of days. But, stepping back, there has been incongruity with …
There is an online game called Rotate and Roll. Trading ain’t no game, but clearly readiness to rotate and roll are good skills to hone.
S&P 500 (SPY) Closed just at the May 2011 high at 137.18 with an …
There is an online game called Rotate and Roll. Trading ain’t no game, but clearly readiness to rotate and roll are good skills to hone.
S&P 500 (SPY) Closed just at the May 2011 high at 137.18 with an Accumulation …
The overall expectation last Friday was for a quiet day. We got it. The DJIA tested and closed just beneath 13,000, which seems more psychologically than technically significant. S&P 500 (SPY) ended with a DOJI candle (opening and closing price …
The overall expectation last Friday was for a quiet day. We got it. The DJIA tested and closed just beneath 13,000, which seems more psychologically than technically significant. S&P 500 (SPY) ended with a DOJI candle (opening and closing price …
When Biotechnology (IBB) corrected, Commodities (GLD USO) took the lead. With Commodities still in favor (although ultimately begging for an interest rate hike which could take the kibosh out of this run) Biotechs led the charge again. Other sectors followed …