Fund Rotations
More mixed signals with the major indexes posting accumulation and small caps and tech selling off. It appears some funds may be shedding riskier, growth type assets and rotating into sturdier, value names. As the Read More …
Author: GSRTrades
Small Caps Say Sell
Stocks are once again poised to pullback or correct, says the Russell 2000 Small Cap Index. This kind of solid move down on the session, that closed at the bottom of a two week trading Read More …
Indexes Inch Higher
It doesn’t feel like a breakout, but that doesn’t matter. Very little downside momentum has taken place over the last couple of weeks. What doesn’t sell, rallies. Thursday’s moderately higher volume adds a dash of Read More …
Growth Stocks To Watch
AWAY – forming a base. WOR – new high, recent breakout. OHI – new high, recent breakout. N – A+, new high machine. AL – cocked and loaded. TRIP – cocked and loaded. FLT – Read More …
Topping Process
The bear appears to prevail with three clear days of distribution over the past week. But that doesn’t mean the bottom will fall out just yet. Market tops are often a process that plays out Read More …
The Pullback
Our pullback is here. Enjoy. http://www.youtube.com/watch?v=istJXUJJP0g
Extreme Complacency
Traders are likely yapping about a new multi-year low for the VIX. I haven’t bothered to look at a historical chart to see just how long it’s been, but it doesn’t matter. The VIX is Read More …
Turn Into New Highs
New highs for the major index came despite previous sessions of heavy selling. While heavy selling can often spell the end of a run up, it’s often a challenge to call exactly where a turning Read More …
Votes Go To Bear
Another round of distribution Thursday keeps our pullback prediction alive. It’s this kind of heavy selling that hints institutions are backing off from the long side, taking profits and regrouping. It could be a mild Read More …
Screw The Shorts
The market rarely makes it easy to put on a short trade. Through several sessions of mostly sideways action traders finally got some downside action over the past week. But Wednesday’s strong upside day now Read More …
Test Time
The bear has packed a nice punch for the bull with four days of clear and heavy selling in the past week. Look for the major indexes to test their 50-day moving averages. No need Read More …
Bear Noise
That’s two days of heavy, institutional grade selling. We now need to monitor the damage to discern between potential correction or a more mild pullback.