Fewer sellers Monday could be a glimpse of the Bear being tired. But it’s too early to tell. Beginning Thursday we’re on the lookout for a Follow-Through-Day where one of the indexes up about 2% Read More …

GSRTrades Weekly Market Report Market Bias Seller’s Edge Where We Are The major indexes were little changed at the end of the week. What stands out was the heavy-duty selling, or distribution, that accompanied a Read More …

That funny burning smell today was from Longs getting fried. If you had any doubt before, we’re very much in correction mode. We’d be liars if we told you we knew where it stops. Next Read More …

Dominant buying from institutional grade investors, aka Accumulation, Tuesday looks good – though still pales to the even heavier selling we’ve seen the past month. With the major indexes trading under the support levels of Read More …

Chalk up the fourth day of Distribution in the last four weeks for the S&P 500. Sell-volume dominance suggests institutions are unloading. As long as that’s in style we also want to be sellers. Today Read More …

Not much action Monday. As the market awaits earnings season we have little in the way of technical indicators to lean our bias one way or another. One thing we’re certainly on the lookout for Read More …

Continued heavy buying interest gives us the impression we may ultimately see a massive upside move, also known as a blow-off-top, before this bull leg pulls back.

It may have been a sleepy day for the indexes. But don’t read too much into what it might mean. As an intermediate-term trader your focus should be on the bigger picture. The bull is Read More …

More accumulation for the S&P 500. While usually a sign that institutions are loading up, high volume is also common at the ends of trends. Distribution was evident on the Semiconductors Index ($SOX). So let’s Read More …

The Bull was its typical (recent) self in 2010’s first day of trading. Heavy buying. But it’s too random to know if it’s a theme from institutional-grade traders.

What looked like it would be a bounce at the 50-day moving average has turned into a run into higher ground for the year on the S&P 500. If it don’t sell it rallies. Now Read More …

Big move up, low volume. We still say this market looks like it’s tired and wants to sell. Market tops can take time to form. It’s not like a switch that suddenly turns. Often it Read More …