Jack Steiman

Contributor since: 26 Feb 2010

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• Hard Gap Down And Run off 2,200 SP Resistance Area....

  Published 10 September 2016 | viewed 0 times

  ...Fed Governor's Talking Hike....Germany Slowing Further.....Sp Monthly Trend Line Hit And Reversal..... When you have negative divergences on an index chart or any chart for…

• The Nasdaq Testing All Time High This Week As We Print a Doji Candlestick...Europe Plays Catch Up...

  Published 12 August 2016 | viewed 0 times

  After seven up weeks we see a candle printed on the Nasdaq this week that shows hesitation as we test a key pivot at the…

• Dow and SP500 Flags Clear to the Upside...Jobs Report The Impetus To The Breakout....

  Published 05 August 2016 | viewed 0 times

  In the very recent past we experienced a poor durable good report along with a poor Ism manufacturing report and weak GDP. This put a…

• Durable Goods....Gdp Q2 And Q1 Disasters....Market Smiles....

  Published 29 July 2016 | viewed 0 times

  The only thing it seems that can hit this market hard to the down side in a sustainable fashion would be if the market smelled…

• Weekly Charts Continue on Breakout...the Nasdaq Joining In...

  Published 22 July 2016 | viewed 0 times

  I could honestly finish this report with the following statement. As long as we're trading above 2100-2134 on the Sp 500 the trend is clearly…

• Most Weekly Charts Continue on Breakout....Understanding The Bull After Fink Speaks....

  Published 16 July 2016 | viewed 0 times

  This has been one crazy market for quite some time now. The endless overall up trend has been with us for seven plus years. The…

• Weekly Index Charts....Some Clearing....Some Testing....Breakout Imminent....10 Year Treasury Bond At All Time Low...Explains The Bull Market...

  Published 08 July 2016 | viewed 0 times

  We have been going nowhere for a couple of years. Within that process the emotions of all traders were tested over and over. Many times…

• Getting Extremely Overbought.....After Extremely Oversold.....Breakout Imminent.....Weekly Candles Strong.....

  Published 01 July 2016 | viewed 0 times

  The market spent days wondering what would happen with Brexit. Would Britain leave or stay was the big question. A surprise vote of leave had…

• Brexit Surprise.....Will Others Follow Britain?....Turning Down Off the 2,100-2,135 Resistance Zone After A Test...

  Published 24 June 2016 | viewed 0 times

  If you looked at the action yesterday one would have thought that Britain staying was a slam dunk. Poll after poll showed a tight race…

• SP500 Turns Down Off 2,100-35 Resistance Area...Nasdaq Struggles...Brexit Up Next

  Published 17 June 2016 | viewed 0 times

  The most interesting thing to take away from the past two years of trading in our sideways range has been the continued under performance of…

• Headwinds Remain At SP 500 2100-2135......Some Key Sectors Stall At Long Term Down Trend Lines...

  Published 10 June 2016 | viewed 0 times

  It was a very interesting week. The banks had started to lead higher some weeks back when it was considered a slam dunk that the…

• Laterally Painful....Locked Between Major EMA's...

  Published 21 May 2016 | viewed 0 times

  Writing this newsletter is getting harder and harder these days as the market is incapable of moving sustainably in one direction. Just when it seems…

• Playing With A Breakdown.....Market At An Inflection Point....Now It Gets Interesting....Aapl Broken...

  Published 13 May 2016 | viewed 0 times

  The market has been bifurcated for quite some time with froth leading lower while the Sp and Dow try to hold up the market. Money…

• Poor Jobs....Daily Stochastic's Oversold......2043 Breaches But Holds.....Shocker!!!

  Published 06 May 2016 | viewed 0 times

  Another interesting bull market day as there still seems to be nothing that can take this market down with any force. As a reminder I…

• No Real Selling....Most Indexes Strong....Nasdaq Lagging As Usual......Vix Dead....

  Published 30 April 2016 | viewed 0 times

  The Nasdaq has been lagging for the entire year and that's simply because of the higher P/E's associated with those four letter stocks. In a…

• No Real Selling....Most Indexes Strong....Nasdaq Lagging As Usual......Vix Dead....

  Published 22 April 2016 | viewed 0 times

  The Nasdaq has been lagging for the entire year and that's simply because of the higher P/E's associated with those four letter stocks. In a…

• Tepid Weekly Trend Line Breakout Move.....

  Published 15 April 2016 | viewed 0 times

  When a market breaks out over critical down trend line resistance you'd like to see that breakout occur in a forceful way that's convincing. A…

• Weekly Charts Showing Some Hesitation At Trend Line Resistance.....Gdp Keeps Getting Pushed Lower..

  Published 08 April 2016 | viewed 0 times

  So the market gapped up again as usual this morning due to the fed speak from last night. Any time the fed opens her mouth…

• Manufacturing Improving....Jobs Doing Well....Market Holds Well......Weekly Charts At A Key Inflection Point...

  Published 01 April 2016 | viewed 0 times

  The market day started with some nasty futures as the overbought daily index charts were finally about to unwind some and that would have been…

• 70 Rsi Marks Short Term Top This Week on Daily Index/Sector Charts...Starting to Unwind

  Published 23 March 2016 | viewed 0 times

  The market after an extended run which mirrors the move up off our bottom back in October of 2015 tagged 70 RSI back then which…