Want to see a completely wrong headline? Here’s mine from seven months ago:
The “deal” that I was referring to in this piece was changed dramatically from the one that is being worked on with creditors today.The haircut on bonds has changed, a…
Want to see a completely wrong headline? Here’s mine from seven months ago:
The “deal” that I was referring to in this piece was changed dramatically from the one that is being worked on with creditors today.The haircut on bonds has changed, a…
Technical indicators are increasingly signaling a correction, but the market is giving little ground. Amazon is giving it an excuse to sell off after the…
There is an unusual pattern that’s developed over the past couple weeks, where the market gaps higher in the morning, then gets sold for the rest of the day. This is often a reversal pattern, but it has so far not yielded a meaningful&n…
JANUARY 10, 2012, 10:11 AM
Is the Stock Market Breaking Loose?
You might be wondering what has gotten into the stock market this morning.
So far this year it has stumbled heavy-lidded through one low-volume, low-movement day after another, and then su…
The SPX (cash) has bounced from a 2 day cycle projection of 1266, but both 2 and 5 day cycle indicators have just turned down,…
The market did enough to put the bears back in the game on Thursday. Its gyrations are increasing again as the trading bots, futures, and…
The ES futures are gyrating wildly between the 2 day cycle inner channel lines (red lines), interrupted by news noise bombs. The lower support line…
In yesterday’s article, I laid out the case for the market forming a top. This case continues to strengthen the longer the market hangs around at this level. Calling tops or bottoms is essentially the most difficult aspect of technical anal…
http://www.finviz.com/futures_charts.ashx?t=ALL&p=d1
Running late this morning, so I will keep this short. You can see the support and resistance lines on the chart. Approaching the open, the…