Indexes Inch Higher
It doesn’t feel like a breakout, but that doesn’t matter. Very little downside momentum has taken place over the last couple of weeks. What doesn’t sell, rallies. Thursday’s moderately higher volume adds a dash of Read More …
It doesn’t feel like a breakout, but that doesn’t matter. Very little downside momentum has taken place over the last couple of weeks. What doesn’t sell, rallies. Thursday’s moderately higher volume adds a dash of Read More …
Down On High Volume And Set To Drop A Notch: CLMT, TRK, PLCE, SCVL, CMCO, SOR, VMI, SHOO
It’s a good bet amateur options traders went long volatility when the VIX hit a low a couple weeks ago. As the market would have it, we really haven’t gone anywhere since then. We’ve taken Read More …
AWAY – forming a base. WOR – new high, recent breakout. OHI – new high, recent breakout. N – A+, new high machine. AL – cocked and loaded. TRIP – cocked and loaded. FLT – Read More …
Here’s the latest batch of top rated stocks breaking out of technical bases. ASGN, PBH, RYL, DHI
The bear appears to prevail with three clear days of distribution over the past week. But that doesn’t mean the bottom will fall out just yet. Market tops are often a process that plays out Read More …
Our pullback is here. Enjoy. http://www.youtube.com/watch?v=istJXUJJP0g
Traders are likely yapping about a new multi-year low for the VIX. I haven’t bothered to look at a historical chart to see just how long it’s been, but it doesn’t matter. The VIX is Read More …
New highs for the major index came despite previous sessions of heavy selling. While heavy selling can often spell the end of a run up, it’s often a challenge to call exactly where a turning Read More …