GSRTrades Weekly Market Report   Market Bias Seller’s Edge   Where We Are We’re sticking to our Sell Bias as we wait to better measure the aftermath of last week’s correction. From a technical perspective, Read More …

A heavy whacking of stocks was a great endorsement for our Sell Bias. We took the opportunity to cover some of our short positions amidst the rush of the steepest one-day losses on the major Read More …

The major indexes traded down to their 50-day moving averages Wednesday, fulfilling what nearly every technician had been anticipating. We generally see a bounce, or at least an attempt, come into play at these key Read More …

If we were farmers this selling would be like long due rain. Our short positions were very much in agreement as the major indexes slipped on heavy volume. Today was the S&P 500’s third Distribution Read More …

The market is off to a decent rally for the first week of May. Problem for Bulls is that the ends and beginnings of months usually experience buying as funds tend to add to their Read More …

GSRTrades Weekly Market Report Market Bias Seller’s Edge Where We Are Mounting evidence for our sell bias tests our patience. We’ve been bearish for a couple of months as distribution days, where a down day Read More …

Thursday’s rally tests our bearish bias. The S&P 500’s volume was lighter than yesterday’s, giving us indication that Bulls may have less steam. But an Accumulation Day of higher volume on the Nasdaq boosts the Read More …

Fed’s decision to hold rate target is no surprise. Market’s reaction appears happy. Though true trends following Fed announcements often don’t become clear until the day following announcement. We’re still a Bear!

And yet another solid Red Flag to the Bulls’ charge as Tuesday’s heavy selling saw the major indexes to closes below their 20-day moving averages. We’ve been Bears for weeks and weeks. While the market Read More …

From the Bear’s perspective the market just won’t give in an inch. For the Bulls, every inch higher is just another justification. But as volume counts continue to suggest institutions are unloading we’re sticking to Read More …

We’re still Bearish despite Monday’s late rally. Smart money tends to close sessions – true. But the dominance of sellers in this market as evidenced by several Distribution days over the past few weeks weighs Read More …

Our bearish bias is strengthened by another round of Distribution Wednesday. Anytime institutional grade selling enters the market we tighten the reigns and look to cover long positions, if not go short. While we’ve been Read More …