The technical indicators were not as strong as the market averages Friday as they broke through a major resistance level. On the other hand there’s…
The market pulled back after reaching long term trendline extensions on a couple of the major averages. Short term indicators suggest that a down phase…
What a juggernaut. Massive injections of cash from the Fed and Treasury this week (See Fed Report) continue to force prices higher through uptrend channel…
The rally extended through yet more uptrend lines, signaling acceleration. Intermediate indicators continued to strengthen, and cycle projections rose again as the move begins to…
The market churned on Monday, in the throes of an apparent short term down phase that so far isn’t giving any ground. As long as…
The market pulled back following the signs from screening measures the day before prior days signs that it might do so. While the 4 week…
In November 2010, Ben Bernanke wrote in the Washington Post that “…higher stock prices will boost consumer wealth and help increase confidence, which can also…
The market broke through a major trend channel line on its way to another new high today. If this is not immediately reversed, the 1618…
Stocks took a breather on Monday. There was little indication of technical deterioration, and screening measures continued to strengthen. Signs that this is the beginning…
Cycle projections suggest an upside breakout as the market prepares to recieve the jobs report for April, but that’s not the whole story.
