Where We Are
That’s a day of Distribution notched in for Thursday. Price-action on the major indexes hasn’t moved a whole lot for the past few weeks. But we’re taking recent Accumulation and Follow Through as signs that Read More …
That’s a day of Distribution notched in for Thursday. Price-action on the major indexes hasn’t moved a whole lot for the past few weeks. But we’re taking recent Accumulation and Follow Through as signs that Read More …
Strong buying on the heels of a target rate cut bodes well for Bulls. We have further evidence of accumulation from institutions as heavy sell-volume is clearly absent the last two weeks. Recent institutional buying Read More …
As the S&P 500 shies away from its 50-day moving average we’re keeping an eye on sell-volume to see if it dries up. Thursday’s market drop was too close to call to tell us if Read More …
Two days of increasing buy volume suggest follow through of institutional support for the recent market low. While Wednesday’s 2.5% gain for the S&P 500 is a traditional Follow Through Day, excessive volatility in the Read More …
That nasty 9% free fall on the S&P 500 Monday is just another reminder for us to stay cautious of this market. Breakout Growth Stock Buyers like ourselves have kept that strategy parked for the Read More …