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 …
The phase in all indexes remains bullish. The trading action suggests this is a classic time correction as once again, beaucoup uninteresting.
S&P 500 (SPY) 135.50 the 10 DMA.
NASDAQ (QQQ) First time it has negative midpoint pivots since the …
The phase in all indexes remains bullish. The trading action suggests this is a classic time correction as once again, beaucoup uninteresting.
S&P 500 (SPY) 135.50 the 10 DMA.
NASDAQ (QQQ) First time it has negative midpoint pivots since the …
Other than a lot of divergence with commodities leading and Biotechnology, Real Estate and Transportation lagging, the overall indexes were rather unremarkable.
S&P 500 (SPY) Closed right around the May 2011 high. Volume on par with Friday. Not too much …
Other than a lot of divergence with commodities leading and Biotechnology, Real Estate and Transportation lagging, the overall indexes were rather unremarkable.
S&P 500 (SPY) Closed right around the May 2011 high. Volume on par with Friday. Not too much …
Leading the market analysis with AAPL once again. The giant neither confirmed a possible reversal from last week's blow off run nor negated it, closing right in the middle of uncertainty.
NASDAQ (QQQ) closed with an inside day-indecisive. S&P 500 …
Leading the market analysis with AAPL once again. The giant neither confirmed a possible reversal from last week's blow off run nor negated it, closing right in the middle of uncertainty.
NASDAQ (QQQ) closed with an inside day-indecisive. S&P 500 …
Wizard of Oz:
Scarecrow: Come along, Dorothy. You don't want any of *those* apples.
Apple Tree: Are you hinting my apples aren't what they ought to be?
Scarecrow: Oh, no. It's just that she doesn't like little green worms!
An …
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