The NASDAQ went from being overbought to oversold in two trading sessions. If we look at it objectively, the NASDAQ composite is still in a consolidation range and will not… read more →
This video explains how to use HGSI Investment Software to follow the strategies of Gil Morales and Chris Kacher. Learn how to find Pocket Pivots and Buyable Gaps, both up… read more →
The COMP gapped open yesterday and never seemed looked back. The daily range of the candle was narrow compared to the previous day, and volume was heavier. If I look… read more →
Yesterday was a major blow to the upward momentum of the stock market, but the NASDAQ did hold above the 4100 level. Until that level is broken convincingly on a… read more →
Even after a weak jobs report on Friday, the broader market in stocks managed to have a positive day. Even when the major indexes were lower, the small-cap stocks were… read more →
Yesterday had the feel of a distribution day with the NASDAQ gapping open into new high territory only to close at 33.69% of its daily range, down .2%. It would’ve… read more →
Yesterday’s intraday battle was again one by the Bulls, at least in the large tech stocks. The NASDAQ chart shows that Wednesday’s candle closed nearer the high then than the… read more →
This is a time of the year that commentators look back on the year that was, and prognosticators tell us with the upcoming year will be in their opinion. They… read more →
As we wind down to the end of 2013 the major market stock indexes continue to set records each day. Every trader in the world knows that stocks are overbought,… read more →
The Christmas Eve Rally was not unexpected as momentum continues to build for stocks. Volume was light which was also expected, so the lack of market participants does not give… read more →