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…
Sentiment indicators have yet to show signs of extreme pessimism during the Standard & Poor’s 500 Index (SPX)’s retreat since April, suggesting there is still…
Yesterday’s rally exceeded my target zone by 2 points, and has necessitated a slight shift in the wave degrees. The rally was probably a bit too large to be blue wave (4), and has thus indicated that it is most likely the higher degree&…
A quick reminder: if you haven’t met the requirements for registration at the new forum, your account will, unfortunately (or maybe fortunately, lol) not be approved. Please read this thread carefully when registering. …
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 shape of recent economic data trends reminds me of a story. It’s a story that shows just how the Fed’s manipulation drives both the…
Yesterday was another victory for bears, and the market is now in a price zone that crosses numerous long-term support levels. It’s also sufficiently oversold that it’s advisable to watch for a potential bounce.&nbs…
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’…
WBAL BaltimoreUS stocks ready for reboundCNNBy CNNMoney staff @CNNMoneyInvest May 15, 2012: 7:45 AM ET NEW YORK (CNNMoney) — US stocks were poised for a positive start Tuesday, following better-than-expected economic growth in Germany. The Dow Jones i…
Globe and MailEuropean growth assures marketsCNNBy CNNMoney staff @CNNMoneyInvest May 15, 2012: 6:19 AM ET NEW YORK (CNNMoney) — US stocks were poised for a positive start to the trading day on better than expected economic growth in Europe. The Dow J…
