Markets

Jul 18, 2010 at 19:13

It was an interesting options expiration week for equities that's for sure. We saw some very choppy price action with large waves of buying and selling as the bulls and…

Jul 18, 2010 at 17:57

Grim is one word that surely sums up the state of the US economy. Without a doubt the Obama administration is the most incompetent since the lamentable Carter sat in…

Jul 18, 2010 at 17:11

Despite Portugal's sovereign debt being down graded the eurocrats have managed to calm the waters and keep the euro reasonably steady. Austerity is the word for the Europeans, real or…

Jul 18, 2010 at 16:52

The sense of unease is growing almost palpable. I am not referring to the epic plunge in the Michigan Sentiment number, which has only been seen a handful of times…

Jul 18, 2010 at 16:16

The SPX has reluctantly fulfilled the requirements for an established intermediate downtrend. Several factors suggest that it will not be a protracted downtrend, but a fairly shallow corrective pattern which…

Jul 18, 2010 at 15:10

Nouriel Roubini appears to be sticking with his "U-Shaped Recession" call, at least for now. However, his stance seems much more cautious than before.

Jul 18, 2010 at 13:15

Although theoretically, one day doesn't make a trend, so the Friday's sell off may mean nothing. But as mentioned in the intermediate-term session above, the time, price and pattern are…

Jul 18, 2010 at 11:45

Without buyers stepping in, extremes in bearish sentiment will be just that - extremes in bearish sentiment. Prices not only ended the week on a big down note, but they…

Jul 18, 2010 at 11:13

Rather than putting your trust in an army of so called "experts" whose unstated mission and objective is to turn you into a bagholder for their masters, you would do…

Jul 18, 2010 at 07:28

The following two charts track these Death Crosses from 1998, and in nearly every instance, stocks were down sharply after this crossing occurred. The red arrows identify when the Death…