It’s heavy buying accumulation on the heels of heavy selling distribution. (If you don’t know what this means read “How To Make Money In Stocks” by William O’Neil.) But there’s no doubt what our underlying Read More …

Everyone wants to call a bottom. While there’s obvious attraction in buying as low as you possibly can, few actually succeed. What trades lower usually trades lower, and what trades higher usually trades higher. The Read More …

Well wudayaknow? A Follow Through Day (FTD.) All bull markets have begun with an FTD, but not all FTDs lead to bull markets. The FTD tells us institutions may be taking aim at the long Read More …

Worst day since 1987. But doesn’t feel as bad as last week’s. Probably because it wasn’t a new low. A lack of volume gives indication of less conviction from the Bears. But we’re not going Read More …

After Monday’s massive move (the biggest on record for the SPX), we close Tuesday with a small loss. Key now is volume. It’s a problem for Bulls that Monday’s move wasn’t on heavy volume, and Read More …

Magazine Covers. As traders we know how often they mark the ends of trends. Growth companies that reach the front page of Forbes and Fortune usually hit a peak. Everyone that’s going to buy has Read More …

The market can’t catch a bid. Heavy selling across the board has been indiscriminate, which kills our outlook for Growth Stock buys. We’ve been fortunate to have been maintaining a cash bias. While the market Read More …

Forget about the Follow Through Day (FTD) from last week. Just as it looked like institutional players were leaning toward gathering a net-long bias, Congress had to fall short of passing the bailout package for Read More …

The market is likely in for some rough trading this week as the bailout package from Congress tests waters with its planned signing. Media pundits are saying Treasury Secretary Paulson‘s plan could either fix or Read More …

The market got a vote of confidence Thursday as heavy buying supported an almost 2% upside move on the S&P 500. The move counts as a legitimate Follow Through Day (FTD.) While we recognize market Read More …

Lots of interesting chatter over the health of the market. But only the market will decide who’s right and wrong. Our strategy is one of patience. We don’t pounce until we know things are stacked Read More …