Author: Christian Robinson

Dow Retraces 1/2 of its 3-month 1,321 point rally.We posted a 5-month low on March 16th at 11,556. We rallied to a 3 year high on May 2nd at 12,876. Hence, the 1,321 point rally. That doesn’t get any attention in the...

Oh, my goodness, its already begun. Summer’s apon us, earning season doesn’t kick in strong again until next September, and the Stock Index bears are waking up.Stock indexes are generally accepted as a forward...

Last night I wrote that the Dow futures had popped above an upper trend line which had been resistance over the past 3 weeks. Take these three points, the 5/2/11 high at 12873, the 5/11/11 high at 12744, and the 5/13/11 high at...

Last Friday I wrote how the movement in Wheat had finally hit the national media. CNBC, forever perma bulls, ran a story which could only be described as “friendly” wheat..The suggestion was to look favorably on the...

WN has 40 cents of downside risk here. SX has 50 cents of downside risk.Both contracts have failed at upper trend line Resistance.SX has a trendline from 1410 April 11th, drawn to the may 26th high at 1382 1/2..Sell against...

I don’t like having positions on over a long weekend. Markets will be closed until Monday night at 6PM.For my taste, that is too much risk. If you have positions on with good profits, consider getting out today and putting...

As the school year ends, graduations and weddings are upon us, its not unusual to see the stock indexes go to sleep. June is upon us, July is a holiday month in the US, and then Europe basically shuts down for August.Barring any...

Dow Jones Cash has support at 12,321,,, 12,161 and the 12,000. Sadly we never got the doubling print up above in Dow Cash, but we did in the S&P.. In the S&P we have support at 1306, and then 1291.. Quite frankly, a...