Oil Surges
The market bears were at it again yesterday. All indices, both domestic and
abroad, collapsed. The decline was on low volume, but it was painful. No
sector outside of healthcare was able to escape the
[ More » ]
Bulls Need to Hold Support
The market declined yesterday, but only technology showed clear weakness.
The fall from the other indices was a byproduct of the decline in tech
stocks. Despite the big drop in technology, and the
[ More » ]
Indices Struggle at Critical Resistance
The market experienced a fairly low activity day yesterday. And I expect
lackadaisical action in the market for the next couple of days. Not only
was the price movement minute, but the volume
[ More » ]
Time To Buy That Dip With ECTE
The market continued lower yesterday as resistance levels across the board
held. Volume was once again lower as market participates try to decide
which direction the indices want to push. Curiously
[ More » ]
Antsy to Buy
The market in the U.S. declined yesterday, but the selling could have been
worse. The indices declined a little over 1% at a 4 to 1 decline to advance
pace. Volume was also high and it will remain
[ More » ]
Stocks Fall on the Ides of March
The market is going to get weirder before its back to normal. Yesterday the
SPX closed below 1301 support, which indicated it wanted to move lower
today. The Nasdaq fought its way back to 2700
[ More » ]
How To Survive This Pull Back
The market grinded lower yesterday, but most of the descent took place in
the opening five minutes. Then the market moved laterally on noticeably
smaller volume for the remainder of the session.
[ More » ]
The Dollar Needs Support
The market declined yesterday, and it was our leaders that were hurt the
most. Technology, once a proud leader of the bulls crashed 1.4% yesterday.
Comparably, basic materials, our leader of the
[ More » ]
Stocks Rise as the GDP Estimate Plummets
The market closed down again, but the selling was less decisive. The
indices had spurts of positive trading during the day as well. Energy
stocks sold in late day trade as oil prices declined from
[ More » ]
The Next Move for Gold: How to Profit
The market pulled back last week as we expected it would, although
financials also declined, which was unexpected. We picked up two new
positions on Friday, one of which was shares of XLF as they
[ More » ]
Buyers Will Have A Chance To Steal The Trend
The market scorched higher today. Buyers pushed the market
[ More » ]
Beat-down Wednesday
The market took a nose dive today and volume was elevated.
Additionally, decliners creamed advancers by 10 to 1. While the bears dominated
the market, today's action was neither a big deal, nor a surprise.
My readers knew two
[ More » ]
My readers knew two
