New Leg Up or Head-Fake?
Tech has been leading, and that is a good thing, but the run-up into earnings season is of some concern.
Why You Should Use 1 or 2 Indicators
One positive I’m seeing right now is that the Nasdaq is trying to wrestle leadership back from the S&P 500.
A Year-End Wrap and Look Ahead to 2007
Let’s take a quick look at the overall market we are facing right now…
Keep Track of ETF Distributions
These distributions can sometimes be fairly large and will cause the ETF to gap down.
2 Things to Watch in the Current Market
For a month now I’ve been talking about the slowing momentum of the rally and how you need to expect oscillations rather than breakaway moves.
Flashing a Warning Sign
Volatility, like price, tends to be mean reverting…
The Bulls Were Back in Charge on Monday
As I’ve been saying for the last few weeks, I believe we are in a market prone to oscillations.
Many Indicators Still Look Positive
Most intermediate-term sentiment indicators I watch are overly bullish at this point.
Why You Should Look for Short-Term Trades
The theme I’ve tried to stress over the last few weeks is that the market dynamics have changed…
Why I expect a pullback early next week
Consider the fact that the SPY has now closed higher 9 days in a row. This has only occurred once before…
Why trading could be tricky this week
Traders should be aware that the period around Thanksgiving tends to be one of the most consistently positive…
2 things to keep in mind
The market put in another strong day today with all the major indices posting new multi-year highs…