Think About It
Let’s not get too cerebral here. The market is poised to hit a new high. Once, or if, we do, we’ll get a new taste of the Bull’s potential. So often we see a strong Read More …
Category: Archives
Storm Clouds
The 20-day moving averages of the major indexes (blue line) will test the conviction of sellers. The Bull easily reclaimed these marks yesterday with a steady pack of leaders that won’t die easy. More on Read More …
Making Me See Red
Ultra violence running through my head Fuzzy navel y’all making me see red Rapid fire Louie like Rambo got bullets I’m a gonna die harder like my kid Bruce Willis — Beastie Boys, “Looking Down The Read More …
What’s Cookin’
Here’s this week’s scan of the market’s top stocks grouped by rank. 1= Base Setups, 2= Pullbacks, 2h= New Highs, 4= Short Patterns (that may very well turn into longs as these patterns often fail.) Read More …
Never Short A Dull Market
Global unease for the last five years has kept the heat on the financial markets. The old adage of ‘never short a dull market’ hasn’t applied. Though it should be held that dullness isn’t something Read More …
Touch of Red
Distribution plugged into Tuesday’s trading gives warning to the Bull. If we begin to see more of this institutional grade selling we may be waving the bearish Red Flag soon. As for Growth Stocks, there Read More …
Lift Off
Yesterday’s rally extended on heavier volume today. Discerning real, committed buying from short covering is now key to our analysis. We expect to see a fair amount of short covering as the major indexes come Read More …
Spanking Good
The Bears delivered Friday with a fresh round of heavy selling, sending shares down into the weekend as the world awaits resolution with the Greek debt crisis. Another round of Distribution marks the charts. For Read More …
The Deal Breaker
The Growth Stock Landscape The shockwaves of a potential government default could easily carry over to stocks. But so far, the market really hasn’t had too much of a reaction, and we’re more inclined to Read More …
Looking Down
We’re still looking down, though lookout for a technical bounce as the major indexes test their 50-day moving averages. We’re also getting some key earnings reports this week, market could easily see a volatility spike. Read More …
Bulls Losing Grip
Similar to yesterday, major indexes couldn’t hold their rallies on news of a potential QE3 Fed easing. Take into consideration the lagging Semiconductor and Financial indexes, it’s tough to be a bull. We’re holding a Read More …
The S&P’s high volume sell-off to its 50-day moving average keeps the Bears in charge. What has us really Bearish is the fact the market couldn’t put in a decent close on news QE3 could Read More …