A wild and crazy week ended with the SPX and Dow breaking out of triangle patterns, but the QQQ stopped at the upper trendline of…
The late fireworks kept most cycle indicators positive. The 13 week cycle up phase remains in force with the only question being whether it stalls…
Support levels have held, and time counts suggest that an intermediate low is due. Downside projections have been reached. The only things missing are indicator…
CNNMoneyFacebook's fate: Bulls versus bearsCNNMoneyNothing, not even the many privacy controversies that have plagued Facebook's short history, has done more to damage the Facebook brand than its disappointing post-IPO performance. The stock ma…
Before I get into the update:
Please be aware that the real-time intraday and after-hours trading discussion section has moved.
We’re in the process of transitioning to a new board, and while it’s still a work in progress (I started …
The market has fallen to a major support convergence at 1295 and is in a bottoming window time wise. That window stretches across the next…
Globe and MailFacebook IPO With ~10 Billion War Chest Could Just Buy Apple And GrowForbesThe Facebook IPO will deposit somewhere between six and 20 billion dollars into cash. Facebook could ignore all the naysayers (about how this IPO is the most fooli…
A person is placed on suicide watch when he or she displays certain self-destructive patterns and behaviors. Likewise, a market is placed on crash watch when it displays certain destructive patterns and behaviors. As I’…
SAN FRANCISCO (MarketWatch) — Crude-oil futures on Friday fell to their lowest since mid-February as data showed that the U.S. economy created fewer jobs than…
Recently it seems that virtually everytime there’s a choice between a bearish count and a bullish count, the bullish count wins. This was once again the case yesterday, as the bulls did what they needed to in order to knockout the bear coun…