Grinding
Modest Distribution on the S&P 500 and Dow is playing into our Buyer’s Caution bias. We’re taking a recent boost in volume coupled with mostly sideways action as a sign that the rally is finding Read More …
Modest Distribution on the S&P 500 and Dow is playing into our Buyer’s Caution bias. We’re taking a recent boost in volume coupled with mostly sideways action as a sign that the rally is finding Read More …
An uptick in volume over the last two weeks coupled with stagnant price action tells us this rally has cooled. We’re sticking with a Buyer’s Caution bias, though will turn it to Sell if we Read More …
The major indexes all experienced heavy selling Tuesday, putting the 50-day moving averages in play as support. Bears have been waiting a long time for a significant correction. The fact that the day marked Distribution, Read More …
Market players everywhere are waiting for a pullback or correction. Yes, the market has its way of screwing over the most amount of people as possible. Given the high short interest out there we can’t Read More …
Decreasing volume gives a subtle suggestion that this recent rally is out of steam. Growth Stocks have been on fire. We’ll continue to hold our Buyer’s Edge bias until we see recent breakouts collapse and Read More …