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…
The market broke major support on Friday and is now hanging by a thread, the thread being the possibility that the break was just a…
Millions More Facebook Shares Coming SoonABC NewsFacebook's "stock price still has a way to go on the downside as the market takes account of increased supply." When an IPO lock-up period expires, more shares are available for trading, pl…
USA TODAYMillions more Facebook shares coming soonUSA TODAYFacebook's "stock price still has a way to go on the downside as the market takes account of increased supply." When an IPO lock-up period expires, more shares are available for t…
Wednesday’s action was a mirror image of Tuesday, except that the underlying technical indicators were stronger than the market averages on both days. The market…
The Treasury had a light calendar last week. The market faced a big Treasury settlement on Tuesday but from then until the big end of…
Telegraph.co.ukMark Zuckerberg and Facebook ring in IPO with all-night hackathonLos Angeles TimesBy Jessica Guynn The night before the chartbusting initial public stock offering, engineers won't be counting their Facebook dollars. They'll be do…
Several technical indicators have reached levels consistent with intermediate lows, but key support levels have been broken, and despite some signs of being oversold, the…
Yesterday, both counts expected more downside, which the market provided. The picture has clarified just a little bit, and, as I see it, there are two main options for the short-term resolution.
What’s interesting about this market is that it’s…
The uptick in the averages was accompanied by only mixed indicator readings. The cycle projections, however, tilted a bit more bullish than yesterday’s readings. All…
