How Bad Is The Recent Pullback?
As scary as the ticker tape looked yesterday, I must point out that at least on the weekly chart of the S&P 500, the recent market action is barely noticeable. …
Read MoreAs scary as the ticker tape looked yesterday, I must point out that at least on the weekly chart of the S&P 500, the recent market action is barely noticeable. …
Read MoreFriday produced a key reversal in many stocks, and darn-near key reversals on hundreds of others. Volume in many cases was well above average, although Friday …
Read MoreIn the August 8th Seasonal Forecaster I showed the seasonal pattern for the NASDAQ Composite, focusing on the 5-week period. Over the 5 weeks from the second …
Read MoreThe S&P 500 carved out a well-defined short-term cycle low on August 7th. The pullback, from late July into the low on August 7th, was a 4.3% drop covering …
Read MoreThe NASDAQ Composite has spent the first 6 trading days of August in a tight trading range. A breakout of this range will likely result in an extended move. …
Read MoreWhile the DJIA, the S&P 500, and the NASDAQ Composite are still sitting near highs, there is weakness showing up in some sectors that have recently been …
Read MoreThe S&P 500 has set a new all-time high, barely inching above the tight trading range of the past month. And the S&P 500 is the star index. While the NASDAQ …
Read MoreThe S&P 500 has traded sideways for three weeks now. Volume is not giving us a clue as to the direction it shall ultimately pick. The Stochastics indicator is …
Read MoreFinancial media is increasingly prodding traders and investors to question this bull market. A current article on the Wall Street Journal blog analyzes the …
Read MoreWhat a fascinating week we just experienced within the world’s financial sphere! Within the span of just four days, two news stories emerged that, under …
Read More