Up And Gone
Low volume, upward drift. The market is a beach ball being passed around skeleton crews running Wall Street desks. Most traders’ minds are on the holiday – or next year. We’ll expect to see some Read More …
Low volume, upward drift. The market is a beach ball being passed around skeleton crews running Wall Street desks. Most traders’ minds are on the holiday – or next year. We’ll expect to see some Read More …
Wednesday will be Fed Chairman Ben Bernanke’s final meeting before ending his stint, where it is widely believed he won’t make any announcement to taper the amount of dollars being pumped into the system. We Read More …
Continued heavy sell volume adds enough weight to the major indexes that we’re putting the odds favorably in the Bears camp. This is an immediate bias, not to be confused with a longer-term bullish perspective Read More …
Two days of heavy selling, or distribution, and we’re calling this immediate environment favorable to bears. We’ll hold our longer-term Buyer’s Caution bias unless we see more heavy selling combined with a collapse in leadership, which Read More …