The SPX tagged the 20-day before pulling back. Big whup. We’ll see what happens tomorrow. Dan

Tuesday’s sharp rally reeks of short covering. If we can repeat today’s accumulation over the next few sessions we may begin to believe otherwise. Rallies off lows are often sharp as short sellers scramble to Read More …

We’re officially on the watch for a potential bottom for the broader market. Come Wednesday we’ll look for signs of institutional buying via high volume, or what we call a Follow Through Day, where an Read More …

Nice little bounce for the SPX off its 200-day moving average. We expect more selling, and an eventual undercut of that market, in the coming sessions. The market does most of the talking here. Our Read More …

Dominant sell volume puts the 200-day moving average as a likely price magnet for the S&P 500. That’s all for now. Dan

The Growth Stock Report Market Bias Seller’s Edge The Growth Stock Landscape Easy selling across the broader market these past few weeks is no surprise to anyone. We’re on alert for a turnaround of sorts Read More …