Economic Numbers (Feb 1-5)

Next week’s economic reports… Read more..

Earnings (Feb 1-5)

Next week’s earnings reports… Read more..

Before the Open (Jan 29)

Good morning. Happy Friday.

It’s been a heck of a week. As of Monday’s open, the long term trends remained up but short term sentiment was down, and there was a definite lack of good set ups to trade. Four trading days later, the market has made several lower highs and lower lows on the intraday charts, but as of 30 minutes before yesterday’s close, the indexes were mostly unchanged for the week. Read more..

Before the Open (Jan 28)

Good morning. Happy Thursday.

The Fed has spoken. They said the economy continues to slowly improve, and rates will be held at a rock-bottom level for a long time. The market initially chopped around, but then it got some legs and rallied. When the dust settled, the indexes were back in the middle of its 3-day range. Read more..

Before the Open (Jan 27)

Good morning. Happy Wednesday. Happy Fed Day.

The Asian/Pacific markets closed down across the board – there were several 1% losers. Europe is currently mixed. Futures here in the States suggest a flat open for the cash market. Read more..

Short Term Breadth Indicators

For those of you who’ve followed my work for any length of time know I prefer breadth indicators over technical indicators, ergo I prefer the % of stocks trading above a certain MA over MACD.

Let’s do a run down of two short term S&P 500, Nasdaq 100 and NYSE breadth indicators. Read more..

Before the Open (Jan 26)

Good morning. Happy Tuesday.

The Asian/Pacific markets closed down across the board – several indexes lost more than 2%. Europe is currently mostly down, but losses are minimal. Futures here in the States suggest a weakish open, but nowhere near as bad as where the futures were trading last night. Read more..

Before the Open (Jan 25)

Good morning. Happy Monday. Hope you had a nice weekend.

Coming off a huge down week, the Asian/Pacific markets closed down across the board but losses were minimal. Europe is currently mixed – there are no standout winners or losers. Futures here in the States suggest a moderate gap up open for the cash market. Read more..

Economic Numbers (Jan 25-29)

Next week’s economic reports… Read more..

Earnings (Jan 25-29)

Next week’s earnings reports… Read more..

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