Prospects of a Bounce

As long as uncertainty prevails over Europe’s solvency issues we’ll expect to see more volatility. We’re maintaining our Sell Bias on stocks for lack of better technicals. Multiple Distribution Days, where sell-volume has out-paced buyers, Read More …

Grizzly

A major whacking of shares across the board Thursday brings crash anxiety back. Three Distribution Days in a row for the major indexes tells us institutions have been unloading. With uncertainty in Europe, and an Read More …

Tug-of-War

Another round of Distribution on the Dow and S&P 500 for Tuesday reinforces our Sell Bias. Next stop to the downside for the indexes appears to be the 200-day moving averages, beyond that, the lows Read More …