Stocks marked time again today, but there were hints that this is moving toward an upside resolution. The 6 month cycle projection is holding at…
Tuesday was another day of mixed indications and little progress. However, the market remains very close to a breakout. In spite of mixed technical indicators…
Friday’s little selloff threw a monkey wrench into the pattern of improving technicals that had been under way last week. The weakening wasn’t sufficient to…
The market pulled back on Thursday, but cycle screening measures strengthened.
The whipsaw of sell signals on a number of indicators and the strengthening of cycle screening measures suggest that the potential for a breakout and…
I will be traveling from Thursday to Tuesday. The Market Update will be published Wednesday night, late. The posting schedule for that report from Thursday…
Uptrend lines remained intact, with a tidal wave of cash from the Fed and Treasury hitting dealer accounts this week.
The market pulled a repeat command performance of December’s first day of the Fed’s mid month MBS purchase settlement period. It suggests another shakeout by…
Cycle screening measures continued strengthening on Friday, a trend which persisted all week
The market sits on the brink, but the brink of what? Technical indicators are vacillating and inconclusive. The price patterns could be a launch pad,…