Author: Robert W. Colby

10/31/08 Stock Market: rally attempts losing steam. Hanging Man, loss of momentum, on lower volume. The hanging man’s small real body implies the previous uptrend is losing momentum. Rising prices on lower volume suggest...

10/30/08 Stock Market: no upside follow through implies that the main trend is still down. The market remains oversold, but that is not sufficient for a sustainable rally. Dead-cat bounces may be viewed as selling opportunities...

by Robert W. Colby, Senior Analyst, TraderPlanet.com Stock Market: Dow Theory Primary Tide Bear Trend confirmed again on Monday. Both the Dow-Jones Industrials and Transports closed below their previous lowest closing prices of...

by Robert W. Colby, Senior Analyst,TraderPlanet.com Stock Market: Dow Theory Primary Tide Bear Trend confirmed again on Friday. Both the Dow-Jones Industrials and Transports closed below their previous lowest closing prices of...

by Robert W. Colby, Senior Analyst, TraderPlanet.com Stock Market: test of the lows? Still not clear whether the lows can back the Tide. The October lows held on Thursday, but it seems unclear whether these lows will continue to...

by Robert W. Colby, Senior Analyst, TraderPlanet.com Stock Market: approaching the lows…may not hold back the Tide. Rally attempts have proved to be unsustainable. It seems doubtful that the October lows can hold back the Tide....

by Robert W. Colby, Senior Analyst, TraderPlanet.com Stock Market: consolidating losses. Major stock price indexes turned back down again. Rally attempts appear unsustainable. The pattern emerging over the past 7 trading days...

by Robert W. Colby, Senior Analyst, TraderPlanet.com Stock Market: major stock price indexes firmed slightly but remain Bearish. Total NYSE volume fell 21%, casting doubt on the conviction behind the modest price recovery. The...

by Robert W. Colby, Senior Analyst, TraderPlanet.com Stock Market: fear is rising. The VIX “Fear Index”, now at 70.33, broke out to a new closing 18-year high. The market remains oversold by ordinary standards—but these are not...

by Robert W. Colby, Senior Analyst, TraderPlanet.comStock Market: a normal fractional retracement of Wednesday’s steeper loss. Temporary short-term rallies are normal after big downswings. Stocks appeared to be attempting to...