Letting The Market Do Its Thing
Looks like Mr. Market is ready to peg another high. Traders have long been calling this the most hated rally on Wall Street. While four-year old could tell you the market will eventually trade down, Read More …
Looks like Mr. Market is ready to peg another high. Traders have long been calling this the most hated rally on Wall Street. While four-year old could tell you the market will eventually trade down, Read More …
Both the Dow and S&P 500 notched in Distribution Days after making new highs. This is what we were anticipating. It’s an extended market in a traditionally tricky month. A couple more distribution days, where Read More …
Second accumulation day in a row. Bulls are sticking it to the shorts. It’s rarely easy shorting. Question is will new highs on the S&P 500 be able to be sustained? We doubt it. But Read More …
Not much to make of the market’s rally as the major indexes bounce off their 50-day averages. Heavy selling set a new tone a couple weeks ago. We’re more inclined to think institutions are more Read More …
October has kicked off with a bang. heavy-volume selling has hit just about all the major indexed and sectors, with the exception of the S&P 500… We thought we’d see this in September, but have Read More …
Yep, that’s distribution for Tuesday, market’s just a little more likely to sell off in coming sessions now. For those who have no idea what we’re talking about, whenever volume comes in higher than the Read More …
We’re still believers this pullback will continue. It’s important to watch volume. If it dries up, like it did in the last pullback, it’s a sign that sellers aren’t that serious and may lose their Read More …
Heavy selling Wednesday looks like the major indexes might actually be on the verge of a pullback. The leagues of yo-yos on the street claiming the recession is over could be a big help for Read More …
Beware the market that moves little on high-volume. It’s a grinding between buyers and sellers with no grease to indicate a clear dominance. As we mentioned in our weekly market analysis we’re expecting some heavy Read More …
Bull looks mighty healthy as new highs are pegged on high-volume. Top earning growth stocks are joining in. We’re not going to go call any tops just yet. Successful trading is about observation. Up is Read More …
Now that summer’s over we’re expecting to see volume pick up the pace with trading desks full manned. Tuesday’s Accumulation of shares, as evident by strong rallying with volume above the previous trading day, would Read More …
Volume was much lighter on the heels of Monday’s heavy selling. We’re expecting volume to remain light for the rest of the week into the three-day weekend. The uptrend has been dented. Our bias was Read More …