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Contact Kara Crawford at kara@traderplanet.com for further details.en-ushttp://www.traderplanet.com/commentaries/view/67327-daily_comments_for_tuesday_october_26_2010http://www.traderplanet.com/commentaries/view/67327-daily_comments_for_tuesday_october_26_2010<p>Monday closed the day green with the Nasdaq Composite +.46%, NDX +.44%, Dow +.28% and SPX +.21% on the day.  Volume increased on the day for accumulation days on the NYSE, Nasdaq and futures.  The TRIN closed at .84 and the VIX at 19.85.  Gold closed up $14.90 to $1340 and oil up 83 cents to $82.52 a barrel. </p> <p>The market gapped up and continued higher until 10, which put in the highs on the day.  The market closed on the lows but still held gains because of the strong start.  The market losing...</p><a href='http://www.traderplanet.com/commentaries/view/67327-daily_comments_for_tuesday_october_26_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comTue, 26 Oct 2010 03:24:43 +0000http://www.traderplanet.com/commentaries/view/67250-daily_comments_for_monday_october_25_2010http://www.traderplanet.com/commentaries/view/67250-daily_comments_for_monday_october_25_2010<p>The action Friday left the day very narrow, the smallest range since April 12^thon the SPX and for the Nasdaq October 11^th.  Friday’s inside day left volume on the curb, it was extremely light volume.  The weekly charts show stochastics at 99 for the NDX and COMPX, SPX and Dow are at 94.  The RSI is only 62-65 on each index, CCI’s are lower and still at 118 area.  Each are into the upper Bollinger band on the weekly too.  That leaves the market overbought on the weekly and leaves us to look f...</p><a href='http://www.traderplanet.com/commentaries/view/67250-daily_comments_for_monday_october_25_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comMon, 25 Oct 2010 00:53:10 +0000http://www.traderplanet.com/commentaries/view/66738-daily_comments_for_thursday_october_21_2010http://www.traderplanet.com/commentaries/view/66738-daily_comments_for_thursday_october_21_2010<p>Wednesday erased Tuesday’s losses and closed the day near the highs with the Dow +1.17%, RUT+1.14, SPX +1.05%,  and the COMPX +.83%.  Volume fell off significantly today, following a sell off on heavy volume and now lifting on light volume.  The TRIN closed at 1.05 a little high for the price action we had today and the VIX closed near the lows on the day at 19.79.  Gold closed up $9.00 to $1345.00 and oil moved higher to close at $82.52 +2.36 a barrel.</p> <p>The market is poised just under last we...</p><a href='http://www.traderplanet.com/commentaries/view/66738-daily_comments_for_thursday_october_21_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comWed, 20 Oct 2010 23:44:40 +0000http://www.traderplanet.com/commentaries/view/66307-daily_commentary_for_monday_october_18_2010http://www.traderplanet.com/commentaries/view/66307-daily_commentary_for_monday_october_18_2010<p>Friday found a very strong Nas 100 and Nas Composite and a little weaker S&amp;P 500 and a much weaker Dow.  The NDX closed +2.10%, COMPX +1.37%, SPX +.20, RUT -.21% and Dow -.28% on the day.  Volume increased for option expiration and came in higher on the day.  The TRIN closed at 1.22 and the VIX at 19.03 on the lows of the day.  Gold closed at $1371.50 on the day and oil at $81.80 both falling on the day.</p> <p>The week closed on the highs for all the indexes, the Nasdaq 100 closed at new highs on t...</p><a href='http://www.traderplanet.com/commentaries/view/66307-daily_commentary_for_monday_october_18_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comSun, 17 Oct 2010 23:35:29 +0000http://www.traderplanet.com/commentaries/view/66006-daily_comments_for_friday_october_15_2010http://www.traderplanet.com/commentaries/view/66006-daily_comments_for_friday_october_15_2010<p>Thursday closed the day on the upside with the Dow closing just -.01%, NDX -.13%, COMPX -.23%, RUT-.25% and SPX -.36% on the day.  Volume fell a little shy on the NYSE and Nasdaq of Wednesday’s.  However, futures were a little heavier mostly due to the late day surge that came after Google reported.  The VIX closed at 19.88 and the TRIN at 1.51 more bearish than the price action showed.  Gold closed up $8.00 to $1378.50 and oil closed down 33 cents to $82.68 a barrel. </p> <p>Friday ends a busy week...</p><a href='http://www.traderplanet.com/commentaries/view/66006-daily_comments_for_friday_october_15_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comFri, 15 Oct 2010 02:31:10 +0000http://www.traderplanet.com/commentaries/view/65838-daily_comments_for_thursday_october_14_2010http://www.traderplanet.com/commentaries/view/65838-daily_comments_for_thursday_october_14_2010<p>Wednesday delivered a gap and go day across the broader indexes closing with the RUT +1.49%, COMPX +.96%, NDX +.76%, SPX +.71%, and the Dow +.68% rounding out the bottom still with a nice gain.  Each index closed just over the 50% mark for middle ground.  Volume did come in stronger than Tuesday to leave an accumulation day.  The TRIN closed at 1.62 and the VIX at 19.07 on the high of day.  Gold closed the day up $23.90 to $1370.60 an ounce and oil up $1.34 to $83.01 a barrel.</p> <p>The markets gap...</p><a href='http://www.traderplanet.com/commentaries/view/65838-daily_comments_for_thursday_october_14_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comThu, 14 Oct 2010 00:09:46 +0000http://www.traderplanet.com/commentaries/view/65663-daily_comments_for_wednesday_october_13_2010http://www.traderplanet.com/commentaries/view/65663-daily_comments_for_wednesday_october_13_2010<p>Tuesday closed the day up across the broader indexes with the NDX +.71%, COMPX +.64%, SPX +.38%, RUT +.37% and Dow +.09%.  Volume came in significantly heavier than Monday for an accumulation day, futures were almost double Monday’s volume.  Monday was very light so it wasn’t hard to outpace, but the market did show up today.  The VIX closed at 18.94, nearing oversold levels and the TRIN closed at .65 bullish on the day.  Gold closed down $7.60 to $1346.80 an ounce and oil also dropped 54 cen...</p><a href='http://www.traderplanet.com/commentaries/view/65663-daily_comments_for_wednesday_october_13_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comWed, 13 Oct 2010 02:44:30 +0000http://www.traderplanet.com/commentaries/view/65491-daily_comments_for_tuesday_october_12_2010http://www.traderplanet.com/commentaries/view/65491-daily_comments_for_tuesday_october_12_2010<p>Monday left the day with an incredibly narrow range with the Dow closing +.03%, COMPX +.01%, SPX +.01%, NDX unchanged and the RUT -.05%.  Volume was anemic on the day, which is very normal for a narrow range day.  Columbus Day also came into the mix and took the wind out of the markets sail.  The VIX is back to April 30^th levels closing at 18.96 and the TRIN is at 1.41.  Gold closed up $8.80 to $1354.10 and oil down 45 cents to $82.21 a barrel.</p> <p>The days tiny range left the market with the sam...</p><a href='http://www.traderplanet.com/commentaries/view/65491-daily_comments_for_tuesday_october_12_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comTue, 12 Oct 2010 01:04:06 +0000http://www.traderplanet.com/commentaries/view/65107-daily_comments_for_friday_october_8_2010http://www.traderplanet.com/commentaries/view/65107-daily_comments_for_friday_october_8_2010<p>Thursday brought us a very narrow range day with the NDX closing up +.25%, COMPX +.12%, RUT-.16%, SPX-.16%, and the Dow -.17%.  Volume dropped with the range holding tight to leave the NYSE and Nasdaq lighter than Wednesday.  The ES and TF were slightly higher volume and the NQ lower, they all had a lot of on again and off again spikes.  The NQ was lighter because it was an inside day, the other two were not.  The TRIN closed at 1.17 and the VIX at 21.56.  Gold fell $11.82 to $1335.90 and oil...</p><a href='http://www.traderplanet.com/commentaries/view/65107-daily_comments_for_friday_october_8_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comFri, 08 Oct 2010 01:04:56 +0000http://www.traderplanet.com/commentaries/view/64615-daily_comments_for_tuesday_october_5_2010http://www.traderplanet.com/commentaries/view/64615-daily_comments_for_tuesday_october_5_2010<p>Monday kicked the week off with a drop closing the day with the Dow off .72%, SPX -.80%, NDX -1.06%, COMPX -1.10%, and RUT -1.44.  Volume fell off today coming in significantly lighter than Friday’s volume.  The TRIN closed at 1.39 bearish and the VIX at 23.53.  Gold closed down 70 cents to $1317.10 an ounce and oil fell 11 cents to $81.47 a barrel.</p> <p>The market put in the lows at noon and chopped for the rest of the afternoon to retrace just shy of 50% of the day’s losses.  Tech really could n...</p><a href='http://www.traderplanet.com/commentaries/view/64615-daily_comments_for_tuesday_october_5_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comTue, 05 Oct 2010 01:28:14 +0000http://www.traderplanet.com/commentaries/view/64119-daily_comments_for_thursday_september_30_2010http://www.traderplanet.com/commentaries/view/64119-daily_comments_for_thursday_september_30_2010<p>Wednesday closed the day modestly red with the COMPX -.12%, NDX -.16%, Dow -.21% and the SPX -.25% on the day.  Tuesday’s gains were just slightly more than today’s losses but these narrow ranges just leave the market in range and with an inside day for digestion.  The TRIN closed at 1.25 more bearish than the price action showed and the VIX at 23.25.  Gold closed up $2.30 to $1310.60 an ounce and oil also closed up $1.68 to $77.86 a barrel.</p> <p>The digestive day has left the month still near the...</p><a href='http://www.traderplanet.com/commentaries/view/64119-daily_comments_for_thursday_september_30_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comWed, 29 Sep 2010 23:51:29 +0000http://www.traderplanet.com/commentaries/view/63934-daily_comments_for_wednesday_september_29_2010http://www.traderplanet.com/commentaries/view/63934-daily_comments_for_wednesday_september_29_2010<p>Tuesday closed the day green across the broader markets with the RUT up +1.06%, SPX +.48%, Dow +.42%, COMPX+-.41%, and NDX +.07%.  Volume came in higher on the NYSE and Nasdaq, nothing significant over Monday’s but modestly higher.  Futures were almost double what traded on Monday, which is significant.  The VIX closed at 22.60 after piercing the 200dma, we still closed under that level.  The TRIN fell to close on the days low at .65 bullish tone.  Gold moved higher to close at $10.00 to $130...</p><a href='http://www.traderplanet.com/commentaries/view/63934-daily_comments_for_wednesday_september_29_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comWed, 29 Sep 2010 01:48:34 +0000http://www.traderplanet.com/commentaries/view/63770-daily_commentary_for_tuesday_september_28_2010http://www.traderplanet.com/commentaries/view/63770-daily_commentary_for_tuesday_september_28_2010<p>Monday started the week with a modest loss across the broader markets with the NDX off -.63%, SPX -.56%, COMPX -.48%, Dow -.44% and RUT -.40% on the day.  Volume fell harder than the market did with Monday being the weakest of the last 5 days.  Leaving Monday to be a very digestive narrow range day on the broader markets.  The TRIN closed on the highs at 1.23 bearish and the VIX at 22.54.  Gold also in a tiny range to close up 10 cents at $1298.20 and oil up 3 cents to $76.52 a barrel.</p> <p>The in...</p><a href='http://www.traderplanet.com/commentaries/view/63770-daily_commentary_for_tuesday_september_28_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comMon, 27 Sep 2010 22:09:15 +0000http://www.traderplanet.com/commentaries/view/63313-daily_comments_for_friday_september_24_2010http://www.traderplanet.com/commentaries/view/63313-daily_comments_for_friday_september_24_2010<p>Thursday closed the day down off a reversal day with the RUT-1.19%, SPX -.83%, Dow -.71%, COMPX-.31%, and the NDX -.31%.  Volume on the NYSE and Nasdaq were slightly lighter today.  Futures were all heavier on the day.  The TRIN closed at 1.41 bearish on the day and the VIX at 23.87.  Gold closed up $3.40 to $1295.50 and oil up 47 cents to $75.18 a barrel.</p> <p>The Nas Composite and the SPX pulled back into Friday’s range and filled the open gaps.  The NDX still holds over the weeks low and the Do...</p><a href='http://www.traderplanet.com/commentaries/view/63313-daily_comments_for_friday_september_24_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comThu, 23 Sep 2010 22:12:11 +0000http://www.traderplanet.com/commentaries/view/62976-daily_comments_for_wednesday_september_22_2010http://www.traderplanet.com/commentaries/view/62976-daily_comments_for_wednesday_september_22_2010<p>Tuesday the day closed with only the Dow green, Dow +.06%, NDX -.01%, SPX -.25%, COMPX -.27% and RUT -.79%.  Pretty neutral close with modest change overall and volume came in higher on the day for a distribution day on everything accept the Dow which is an accumulation day.  The market has closed up 12 of the last 16, so one tiny down day isn’t a big mark.  The TRIN closed at 1.23 and the VIX at 22.35 sitting on top of the 10dma and has closed under the 200dma for the 10^th consecutive day....</p><a href='http://www.traderplanet.com/commentaries/view/62976-daily_comments_for_wednesday_september_22_2010'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> TradeWithLogic, TraderPlanet.comTradeWithLogic, TraderPlanet.comTue, 21 Sep 2010 23:56:23 +0000