Stage Set For Buyers
Buyers look up as global panic eases, for the moment. For a week that saw the major indexes mostly flat, the effect of negative news on the market, such as credit- ratings downgrades of Greece, Read More …
Buyers look up as global panic eases, for the moment. For a week that saw the major indexes mostly flat, the effect of negative news on the market, such as credit- ratings downgrades of Greece, Read More …
We got our bounce. Now let’s wait a bit to see if it sticks, and if real buyers will show up. The Dow and S&P 500 closed their strong Thursday rallies right at the resistance Read More …
Another good whacking for the market. But buyers showed they can still move the ball as they erased most of the day’s losses with an afternoon rally. This gives traders yet another look that the Read More …
Monday’s light-volume selling tells us little at this juncture. Our Sell Bias remains intact as we continue to be on alert for a bounce as the major indexes flirt with key levels. We’re going to Read More …
As long as uncertainty prevails over Europe’s solvency issues we’ll expect to see more volatility. We’re maintaining our Sell Bias on stocks for lack of better technicals. Multiple Distribution Days, where sell-volume has out-paced buyers, Read More …
A major whacking of shares across the board Thursday brings crash anxiety back. Three Distribution Days in a row for the major indexes tells us institutions have been unloading. With uncertainty in Europe, and an Read More …
The Growth Stock Report Market Bias Seler’s Edge The Growth Stock Landscape An overall bearish tone in the market has us more focussed on the brakes rather than the accelerator. Multiple Distribution days across the Read More …
Another round of Distribution on the Dow and S&P 500 for Tuesday reinforces our Sell Bias. Next stop to the downside for the indexes appears to be the 200-day moving averages, beyond that, the lows Read More …
Monday’s U-turn rally on the major indexes has the look of potential exhaustion of selling pressure, but not quite the feel. As the indexes reversed losses to close the day with slight gains it’s likely Read More …
GSRTrades Weekly Market Report Market Bias Seller’s Edge Where We Are Friday’s heavy selling confirms our bearish bias. The major indexes sold off after testing their 50-day moving averages to the upside. Modest gains for Read More …
Thursday’s modest selling gives pause to the sharp rally that began a week ago today. We’ve maintained a Sell Bias throughout this recent upsurge. Lack of volume clues, via Accumulation or Distribution days on the Read More …
Wednesday’s broad market rally has a lot of Bulls convinced their party’s not over. We’re still bearish until we see a Follow Through Day, with one of the indexes posting about a 2% gain on Read More …