As the S&P 500 shies away from its 50-day moving average we’re keeping an eye on sell-volume to see if it dries up. Thursday’s market drop was too close to call to tell us if Read More …

Two days of increasing buy volume suggest follow through of institutional support for the recent market low. While Wednesday’s 2.5% gain for the S&P 500 is a traditional Follow Through Day, excessive volatility in the Read More …

That nasty 9% free fall on the S&P 500 Monday is just another reminder for us to stay cautious of this market. Breakout Growth Stock Buyers like ourselves have kept that strategy parked for the Read More …

Nasty! When the S&P 500 cruised to a new multi-year low Wednesday it knocked out a bullish reversal day. Longs betting a bottom was in place have been torn a new one. Logic says down Read More …

We can’t be surprised to see the major indexes cut new lows before turning around and giving a strong rally on heavy buying. It’s called a Key Reversal Day, and when it happens at key Read More …

That’s two days of Distribution in a row for the S&P 500. Nothing to suggest it won’t go any lower. And no sense over analyzing things. We’re just happy we’re in cash…

That heavy selling Thursday is what we call distribution. We have evidence that suggests institutions are unloading, giving way to the Bear’s cause. And for those of you who were watching the intra-day price action, Read More …

Post-election were still in the camp that says Follow Through Days (FTD’s) give us increased odds of a sustained rally. FTDs, for those who don’t know, are high volume days after a potential market low Read More …

So we’re hanging in here. Our Follow Through Days (FTDs) on the Dow and S&P 5oo from a couple weeks ago have stuck. There’s good evidence of institutional support for this market. Now we need Read More …

Just as the market peers toward another new low – BAM! – it’s a mega rally. Our Follow Through Day (FTD) in the books from a few weeks ago will hold as long as Tuesday’s Read More …

Well it ain’t pretty. As the broader market struggles to catch a bid, the majority of sectors are finding new multi-year lows, or coming close. The S&P 500 is down about 45% from its peak Read More …