The S&P 500 has posted two accumulation days this week. That’s right, heavy buying amidst all the panic! Thursday’s high-volume turn around is characteristic of a bottom (whether that be for the long or short Read More …

Monday’s honking distribution day with the S&P 500 down nearly 60 points is just the beginning of more downside – or the end of it. We’re inclined to believe the market is in a longer-term Read More …

Heavy selling sends the Bulls running for cover. September is historically a bad month for the markets. We’ve changed our bias to bearish. We also expect volatility to pick up. The majority of sectors are Read More …

Two days of distribution lead-off the S&P 500 for September, which is traditionally one of the market’s weakest months.. We’ll hoist the Red Flag sellers’ bias once the 50-day MA is broken with a close Read More …

This always kills us. The so called gurus of the media who make a living writing about what we should be investing in can’t even hit better than even as a group…

We’re not really seeing anything that tells us this recent rally from lows is in trouble. Though we’ve seen some modest distribution, it’s yet to push our bias to negative. But playing off the lows Read More …

We’re looking good as the broader market holds up after posting a Follow Through Day last week. For those unfamiliar with what this means, it’s a high-volume move of more than 1.7% on a major Read More …

Tuesday was the final day for a Follow Through Day to register on our logs. Heavy buy-volume gave us the clue that institutions are stepping up to the plate to defend the market. The S&P Read More …

The S&P 500 posted two days of follow through accumulation so far this week. But lacked the price move % for a legitimate Follow Through Day. Odds of a sustainable rally to ensue have been Read More …

Tuesday’s heavy-volume sell-off with an 18 year high in new 52-week lows for the NYSE is the kind of thing markets tend to rally from. As the selling exhausts itself, there’s often nowhere to go Read More …

Banks’ bloodbath is spilling over to other areas of the market, but it’s still unclear if it’s going to burry it all. We’ve been anticipating continued declines from cash-strapped financial institutions who still appear to Read More …

TIDBITS Two former managers of the Bear Stearns hedge funds that imploded last year surrendered to the FBI on Thursday and are expected to be charged with securities fraud by US prosecutors. More than 400 Read More …