The big news for Thursday-relatively-are the small caps comeback, outperforming the rest of the indices percentagewise! However, before we get too excited, that range established over the last two weeks remains solidly there with NASDAQ now posting two inside days.…
For nearly 2 weeks since my return after Labor Day, we have been watching the trading range in the indices established from the lows on August 25th to the highs made on September 4th.
Tuesday the market dropped nearly 100 …
How many times this year have we seen a 100 point drop, the bears begin to growl victory, only to see those same bears whimper back to their den a day or two later?
For 2 weeks, we have been …
In keeping with the theory that the trading range beginning August 25th through the high established last week, is the range to break before we can see next direction clearly, Monday’s session was another notch in the belt of staying …
All last week I wrote about the trading range and how once it broke one way or another it would set the stage for the next few weeks. I also wrote that the way the interest rates range broke (TLTs) …
Marketgauge has a new proprietary software tool that gauges the market tone. We are using that as a layer in addition to the market internal indicator or McClellan Oscillator. The McClellan showed aneutral short term bias while our market tone …
Based on Geoff Bysshe’s weekend notes “Look to follow the direction on Wednesday that takes place relative to what happens Tuesday, especially if that range extends outside the range of last week,” NASDAQ is our best example with the Russell …
First, I would like to thank Geoff Bysshe for filling in for me during my break and doing so with such aplomb!
Second, I would like to thank the Interest Rate Ultrashort TBTs for presenting itself upon my return with …
Tonight’s evening watch was prepared by Geoff Bysshe, President, MarketGauge.
The stage is set for September, but before I explain, let me tell you what the media is going to tell you just in case you haven’t already heard. Yes …
Tonight’s evening watch was prepared by Geoff Bysshe, President, MarketGauge.
Once again news of escalating conflicts in the Ukraine spooked the markets overnight and into our opening bell. However, the fear didn’t last long. Stock indexes didn’t spend much more …