Once again, the major stock indexes are tumbling lower after the European Union continues to remain under heavy selling pressure. Italy, Spain, and even France may need to be bailed out in the near future. Traders and investors...
Read MoreThis morning, the sky was falling as the major stock indexes plummeted, however, after a heavy volume surge after the open the major stock indexes started to recover a bit off the lows. At one point, the Dow Jones Industrial...
Read MoreNote the chart below shows a consolidation pattern and a close above it. The key now is to get a close above the 20ma on the intra day. Should that happen, more upside is likely. The first step is in, let’s see if it can...
Read MoreThe markets are attempting to recover from massive losses today. If the markets are able to squeeze out a flat close or slightly positive, many major stocks look to be amazing buys. The key to going long is the massive fear in...
Read MoreThe markets opened flat and started selling. After collapsing in the first hour of trading on comments out of Europe and panic in the United States, the markets caught a significant bid, surging towards the flat line. After...
Read MoreToday the markets were crushed again, the SPDR S&P 500 ETF (NYSE:SPY) falling from a close yesterday of $125.49 to $123.53. This epic fall came on the back of continued worry about Italy, Spain and fear of a new possible...
Read MoreThis morning, there are less and less new 52 week highs on the New York Stock Exchange. When the new 52 week high list shrinks it tells us that the major stock indexes are coming under institutional selling pressure. The stocks...
Read MoreSince July 21, 2011, the Dow Jones Industrial Average has dropped lower by 786.0 points, the popular stock index is now trading below the psychological 12,000 level. This is one fast and massive drop for all of the major stock...
Read MoreAs the markets hover around their lows on fears of a new global recession, certain stocks are looking more attractive than others. The markets are nearing a major break down based on the daily 200 moving average on the...
Read MoreThe markets are looking past the Senate vote today at 12pm ET and they do not like what they see. It looks like the debt ceiling and spending cuts bill will pass and be signed into law by President Obama. However, the economic...
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