More distribution for the Naz as we continue to wait for a pullback/correction. Lack of volatility leads to heightened volatility. Longs still intact. Profits hit. Riding new short positions. No time to get cute with Read More …

The Nasdaq’s gap up on the open may very well be an exclamation point ending a leg up. Small gaps like this get filled. Question is when. We’re suspicious of any rallies at this point.

As weak as the Bull has become in the last week, the bear is equally unable to build momentum. The result has been a tight range. We anticipate there was a considerable amount of short Read More …

The S&P 500 erased last week’s gains with its 1.15% drop Monday. Lack of volume makes it seem like a wimpy punch for the Bear, who was bound to get one in on the Bull Read More …

The market was energized Friday with encouraging employment news and the Dow 30 regaining ground not seen since 2007. The long bull run has us looking for prices to retreat some, though as mentioned yesterday, Read More …

We’ve felt this Bull has been tired over the past few sessions, and have further confirmation Thursday with modest distribution settling into the close on the major indexes. None of the evidence against the Bull Read More …

High volume with little price movement adds to the sighs that this market is tired and ready for a pullback.