Red Bar Affair
Distribution chalked up on the major indexes for the second day in a row spells C*A*U*T*I*O*N for this Bull. Add in a key reversal day for market leader AAPL and we wouldn’t be surprised to Read More …
Distribution chalked up on the major indexes for the second day in a row spells C*A*U*T*I*O*N for this Bull. Add in a key reversal day for market leader AAPL and we wouldn’t be surprised to Read More …
Distribution plugged into Tuesday’s trading gives warning to the Bull. If we begin to see more of this institutional grade selling we may be waving the bearish Red Flag soon. As for Growth Stocks, there Read More …
Quick look at the S&P shows clear, unarguable dominance of institutional buyers: Setups to be posted in our report for paid subscribers. Have a great weekend, Dan
We’re back for the New Year. Let’s get down to business. Strong accumulation this Tuesday says institutions may be stepping up the plate. Let’s see how we handle the highs made last Fall. This is Read More …
A decisive u-turn off yearly lows qualifies as a key reversal day for the major indexes. New lows beneath key support lines usually triggers heavy selling, often draining the market of that supply, which opens Read More …
Accumulation for the Dow and S&P was offset with Distribution on the Nasdaq. We’re giving the Bear the edge for the day. Leadership of key price lows on the major indexes very often comes from Read More …
A bounce off lows that doesn’t match the volume of recent carnage is highly suspect. Measuring the volume behind moves is at the core of our strategy. Volume patterns often lead the price action. It Read More …
The Bear took command Thursday with heavy volume moving a panicky market lower. Duck and cover. If you’re long, get out. If you’re short, hold tight. We were Bulls going into today. We lose. It Read More …
Distribution, that’s institutional grade selling evident by a down day on the indexes with higher volume than the previous day, closed out a session marked by a key Fed announcement. It would appear the markets Read More …
Price action appeared tired Tuesday. Our bias remains at Buyer’s Caution as modest declines on light volume do little to excite. We expect to see some pullback with the 50-day moving averages serving as resistance Read More …
It’s just like the market to put in a rally as headlines remain grim. Institutions have been accumulating shares over the last couple weeks. We’re seeing leaders emerge from our pool of top growth stocks. Read More …
Yesterday’s rally extended on heavier volume today. Discerning real, committed buying from short covering is now key to our analysis. We expect to see a fair amount of short covering as the major indexes come Read More …