Markets

Oct 16, 2011 at 18:19

A couple days later the market recovered most of its value, but it became clear that investors were going to sell their long positions if the market showed signs of…

Oct 16, 2011 at 16:41

There is plenty of technical evidence that the SPX rally from 1075 was in the form of an impulse wave which is now coming to an end (or has already…

Oct 16, 2011 at 16:39

Today I have to consider that given the surge of NDX above the 200 dsma, we cannot rule out that the intermediate up trend has resumed its path higher or…

Oct 16, 2011 at 08:48

Last week's bullish "call" was good if not obscene. I know we want and expect the NASDAQ100 to go up 7% every week, but somehow I cannot imagine it becoming…

Oct 16, 2011 at 08:47

The past few months have been very difficult to navigate for retail investors and institutional money managers. The huge week to week price swings and increased volatility have made the…

Oct 15, 2011 at 17:50

The strength of a month ago has given way to weakness over the past two weeks. But the price structure is still bullish, as price has only pulled back to…

Oct 15, 2011 at 17:45

For the intermediate-term, I believe we'd see multiple weeks rally, but eventually SPX would drop to around 1,000 at least. For why SPX would eventually drop to around 1,000, I…

Oct 15, 2011 at 11:16

Impressive is a understated word, but I don't think many would have expected in just 9 days to see a rally of near 150 points in the SPX in such…

Oct 15, 2011 at 10:57

When both the bullish and bearish scenario as outlined in last week's article point to higher prices ahead, it should come as no surprise that the SP500 advanced almost 6%…

Oct 15, 2011 at 10:55

The market is overbought going into a seasonally weak period. I expect the major averages to be lower on Friday October 21 than they were on Friday October 14.