Another round of heavy, institutional grade selling accompanied the Nasdaq and S&P 500 to new lows Tuesday. Our current Sell Bias has kept us on the watch for such events, as it becomes even more Read More …

Not much to take from Monday’s sluggish market. We’re sticking with our Sell Bias as the major indexes continue to tread under key moving averages. While we were bullish a week ago, the recent breakdown Read More …

Clear Distribution, or institutional selling, turns us into Bears. Going into Thursday we were on the cusp of shifting our Buyer’s Caution as key sectors continued to lose ground. No time to wonder how or Read More …

Tuesday’s seller dominated action gives pause to the Bull, but it’s not enough to make us Bears. While it was technically distribution for Big Board volume, its overall light volume didn’t make for a clear Read More …

<!– We’re watching for signs of strength and weakness as the major indexes test key moving averages. Two weeks of solid advances for the indexes from key technical levels has been backed up with a Read More …

We’re going with a Buyer’s Caution bias after Tuesday’s Follow Through Day (FTD.) The FTD indication comes at least after four days after a potential market bottom, with one of the major indexes rallying at Read More …

Not much to go on as Wednesday’s light-volume action made for a mixed bag of stock action. With Tuesday’s Follow Through Day notched in we’ve changed our market bias to Buyer’s Caution. The major indexes Read More …

Well hot dog, we got our Follow Through Day. Sharp rallies accompanied by heavy buy-volume across the major indexes tells us institutions are showing some interest in the long side of this market. Some of Read More …

Heavy sell-volume in the S&P 500 as it flirted with testing its 200-day moving average doesn’t bode well for the Bulls. We’re staying Bears. While we’ve nibbled a bit on the rally potential of a Read More …

It’s hard to be a short-term Bear with the nice bounce off the lows we had Thursday. But before jumping on the Bull bandwagon we need to be patient and wait for confirmation of a Read More …

Just when the market looks like complete crap, we get a high-volume rally off the lows. We’ve seen this scenario time and again. That’s why we’re sitting on cash. If you’re a bull – you’ve Read More …

Sellers continue to pile on as the Retail Index and Banking Index hit a new low for the year. The major indexes remain just a sell-off away from striking new yearly lows. As key sectors Read More …