The Struggle
In this blogger’s humble opinion: Bear camp rules. BUT, neither Bears nor Bulls have a whole lot to cheer about from recent action. Major indexes continue to wrestle with their 50-day moving averages. Transports, $TRAN, Read More …
In this blogger’s humble opinion: Bear camp rules. BUT, neither Bears nor Bulls have a whole lot to cheer about from recent action. Major indexes continue to wrestle with their 50-day moving averages. Transports, $TRAN, Read More …
Scrape some change off the table. In this blogger’s humble opinion: It’s best not to venture into longer-term Growth Stock investments for two main reasons: 1. Market conditions are bearish. 2. It’s still too early Read More …
Trading what is, not what should be. Here’s why we’e looking to get long homebuilders: The Technicals: Industry ETF ITB broke out of a nearly two-year base on strong volume last week. All charts posted Read More …
Here’s the top U.S. listed stocks based on strict fundamental and technical criteria: Symbol Company Chart AAP Advance Auto Parts Inc BASE ADS Alliance Data Sys Corp BASE AKRX Akorn Inc L-BASE AVGO Avago Technologies Read More …
Friday’s trading means little. Just a little sell off on low volume. Nothing major to analyze here. The 50-days are being wrestled with. This is just more wrestling that began this week. Don’t listen to Read More …
The Bull weighed in with a modest accumulation day Thursday. It’s not enough to negate our Bear bias, though it would be considered the start of something new if we see more of the same. Read More …
Modest gains on the heels of two distribution days doesn’t hold much weight toward altering our Bear bias. Today was likely a start of some back-and-forth on the major indexes as the 50-day moving averages Read More …
Gotta keep your bear hand strong as a more assertive follow up to yesterday’s selling puts a crimp in the Bull’s form. Second distribution day in a row translates to funds giving this environment the Read More …
Heavy, broad-based institutional grade selling sent a clear message Monday. If the 50-day averages don’t serve as support here we’ll anticipate a shakedown in leadership to ensue. If the 50’s hold, we’ll anticipate VIX compression Read More …