There was no follow-through to the upside yesterday for the NASDAQ and stock traders digested the gains from Wednesday as they looked for evidence of more buying. Small-cap stocks were… read more →
Hindenburgs, Divergences on Indices, Fed Taper and China slowing are just some of the negative forces on the market this week. This is setting up to be a volatile market… read more →
Stock futures are up sharply this morning. After looking through the indicators, I am not surprised that the futures are higher, but I am surprised that they are up as… read more →
The leading stocks held up well yesterday as the Bulls defended the 4000 level on the NASDAQ. The large cap stocks represented by the Canaries, have held up well and… read more →
Today will be a test for the bulls. Stock futures are down slightly as I write this, but I suspect that the Bulls will try to defend the 4000 level… read more →
Yesterday felt like a distribution day to me. Volume was higher than the prior two days, the NASDAQ closed lower than it opened after a slight gap down, and the… read more →
Small capitalization stocks were down slightly yesterday which indicates that a bit of risk is coming off. The small-cap 600 stock chart shows a small bodied candle with heavier volume.… read more →
Is it time for a Santa Claus Rally or is the Grinch Lurking. We had a Hindenburg fire on Friday. Is this just a spurious signal or start of something. … read more →
Happy Holidays. Hanukkah is almost gone, The turkey is just a memory. Now, we will see if we get a visit by a Santa Claus Rally. Things are looking pretty… read more →
Happy Thanksgiving in advance. What a week. Big opens on Monday and Tuesday that we lost as the day ended and another lousy day for the bulls on Wednesday. Then… read more →