Mark McMillan

Contributor since: 26 Feb 2010

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• End of Month Test and Bounce...

  Published 01 December 2010 | viewed 0 times

  12/1/2010 9:09:51 AM The typical increased volume to square positions at the end of the month saw a test lower to key support levels and…

• Back at You...

  Published 30 November 2010 | viewed 0 times

  11/30/2010 9:13:57 AM The bears thought they had the bulls on the run and then the ambush occured... Recommendation: Take no action. Daily Trend Indications:…

• Black Friday Blues...

  Published 29 November 2010 | viewed 0 times

  11/29/2010 9:03:36 AM The bears took advantage after the bullish run-up on Wednesday to take the bulls down a notch on Black Friday... Recommendation: Take…

• Bulls Battle Back...

  Published 26 November 2010 | viewed 0 times

  11/26/2010 8:54:30 AM Note: U.S. equities markets are closed on Thanksgiving (Thursday Novemember 25th) but will be open for an abbreviated session on Friday. The…

• North Korea Shells South Korean Island...

  Published 24 November 2010 | viewed 0 times

  11/24/2010 9:15:10 AM North Korea shells a South Korean island with reported military fatalities and civilian casualties... Recommendation: Take no action. Daily Trend Indications: -…

• Ireland's Solution Turns to Worries over Portugal and Spain...

  Published 23 November 2010 | viewed 0 times

  11/23/2010 9:02:54 AM A mixed close resulted from bullish optimism over semiconductors with continued selling of financials worldwide as the ECB readies to bailout Ireland…

• Slight Gains on Light Volume...

  Published 22 November 2010 | viewed 0 times

  11/22/2010 9:00:22 AM The major indexes were able to close in positive territory by a modest amount ending the week about where they began... Recommendation:…

• Ireland Will Consider a Bailout...

  Published 19 November 2010 | viewed 0 times

  11/19/2010 9:19:45 AM Conviction that Ireland would accept some sort of bailout strengthened foreign markets and saw nice gains put in on higher volume in…

• Mixed Action...

  Published 18 November 2010 | viewed 0 times

  11/18/2010 8:47:56 AM The market seemed to move without any outside stimulus, more a battle between computers searching for a directional trade to exploit... Recommendation:…

• High Volume 10:1 Down Day...

  Published 17 November 2010 | viewed 0 times

  11/17/2010 9:09:02 AM The market increased the intensity to the downside with down volume running 10X up volume... Recommendation: Take no action. Daily Trend Indications:…

• Final Hour Sell-off Leads to Mixed Close...

  Published 16 November 2010 | viewed 0 times

  11/16/2010 9:12:11 AM The markets open higher but confidence is lacking... Recommendation: Take no action. Daily Trend Indications: - Positions indicated as Green are Long…

• Slide Continuous to Tipping Point...

  Published 15 November 2010 | viewed 0 times

  11/15/2010 9:15:27 AM The markets are at a point where if they break down further, the bears gain control... Recommendation: Take no action. Daily Trend…

• Bulls Get a Wake Up Call...

  Published 12 November 2010 | viewed 0 times

  11/12/2010 9:15:53 AM The markets had a gap down open but were able to recover some of the lost ground before the close. Cisco started…

• Bears are Bushwacked...

  Published 11 November 2010 | viewed 0 times

  11/11/2010 9:20:46 AM The bears run the market down but can't drive it all the way down to support and the bulls reverse things and…

• King Dollar Rises for Third Consecutive Day...

  Published 10 November 2010 | viewed 0 times

  11/10/2010 8:59:44 AM The dollar has risen +2.8% since it bottomed last week... Recommendation: Buy shares of DIA to close the short position at a…

• Equities Stymied by Stronger Dollar...

  Published 09 November 2010 | viewed 0 times

  11/9/2010 8:47:27 AM A stronger dollar contained equities prices even as commodities broke to new highs... Recommendation: Buy shares of DIA to close the short…

• Choppy Trade and a Higher Dollar...

  Published 08 November 2010 | viewed 0 times

  11/8/2010 9:11:16 AM Equities ended flat to slightly higher as the dollar regained lost ground... Recommendation: Buy shares of DIA to close the short position…

• The Day After...

  Published 05 November 2010 | viewed 0 times

  11/5/2010 9:13:57 AM The Fed caused quite a stir in the bull camp and they went hunting bear with a short squeeze that pushed priced…

• Fed Day...

  Published 04 November 2010 | viewed 0 times

  11/4/2010 9:03:51 AM The Fed announced no change in interest rates and announced another round of quantitative easing but is it already priced into the…

• Dollar Drop Fuels Rally...

  Published 03 November 2010 | viewed 0 times

  11/3/2010 9:09:52 AM The Euro soared against the dollar providing ample fuel for a rise in U.S. Equities on the day of the elections in…