Heavy buying can only be taken as a positive. Any rally from here would also trigger short sellers to cover. But what’s really appealing is the Technology laden Nasdaq perking up with relative strength. Any Read More …

Though the market’s dominant trend is down, it’s been arguably trendless for the past four months as price-action meanders along. The longer the chart time frame, the stronger the measure in trend. As down remains Read More …

While Thursday’s sell-off was on lighter volume than yesterday’s massive upside move, it showed the market’s reluctance to cross the all important 50-day moving average. Nevermind all the political bantering and weak earnings forecasts out Read More …

The market was loud and clear Wednesday as the S&P shot up more than 3% on strong volume. While it appears to be the type of strong institutional buying we’ve been waiting for, we want Read More …

This is where we try not to think. Price-action and volume are telling us very little right now. Monday’s modest rally attempt doesn’t really add up to much as it comes well shy of its Read More …

Wow! Thursday’s high-buy-volume reversal from its lows bodes well for the Bulls’ cause. Especially when headlines were once again focused on the dismal situation with the banks. Plan is to wait for Leadership to assert Read More …

When Accumulation is followed by Distribution it tells us that Bears are stronger – for the time being at least. Our analysis is an ongoing take on what the market is telling us. Just as Read More …

That’s Accumulation, or institutional grade buying, on the S&P 500 and Nasdaq Comp. for Tuesday. But it was also Distribution, or institutional grade selling, for the Dow 30. General volume indications over the past few Read More …

just passing this on… The 1970s’ Little Depression from Forbes.com: Digital Rules By Rich Karlgaard by forbes blogger On Monday and Tuesday, I did one of those brutal out-and-backs to New York to give a Read More …

First week into the New Year and the Bull’s take it up a notch. That’s Accumulation buy-volume for Tuesday. With price action above the 50-day MA on the S&P things are pointed up. Bigger question Read More …

That’s a day of Distribution notched in for Thursday. Price-action on the major indexes hasn’t moved a whole lot for the past few weeks. But we’re taking recent Accumulation and Follow Through as signs that Read More …

Strong buying on the heels of a target rate cut bodes well for Bulls. We have further evidence of accumulation from institutions as heavy sell-volume is clearly absent the last two weeks. Recent institutional buying Read More …