Author: Robert W. Colby

by Robert W. Colby, Senior Analyst, TraderPlanet.comStock Market: S&P 500 closed below 1,200.44, the low of 7/15/2008. It plunged 4.71% to a new 3-year low under heavy selling pressure as Financial Sector problems unhinged...

by Robert W. Colby, Senior Analyst, TraderPlanet.comStock Market: Financial Sector uncertainties unhinge traders. This report has consistently pointed out the Bearish Primary Tide Trend for Financials for more than a year. There...

by Robert W. Colby, Senior Analyst, TraderPlanet.comStock Market: turned higher on speculation that Lehman may be acquired by a stronger rival.News and speculation about companies in the deeply troubled financial sector appear...

by Robert W. Colby, Senior Analyst, TraderPlanet.comStock Market: tried to recover, but lacked technical power. Stocks closed mixed to slightly higher on relatively low volume. It was not a convincing change of trend. Seasonal...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: biggest daily loss in 18 months. The Standard & Poor’s 500 cash index (1,224.51) fell 3.41%, its biggest daily loss since 2/27/07 and its lowest closing...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market:disorderly market conditions caused by the news. NASDAQ 100 Index absolute price broke down to a new 5-month low and Relative Strength broke down to a new 4-month...

by Robert W. Colby, Senior Analyst TraderPlanet.comA Funny Thing Happened… On Monday, stocks are expected to open significantly higher, following Sunday’s news of the U.S. government’s bailout of Fannie Mae and Freddie Mac. Such...

by Robert W. Colby, Senior Analyst, TraderPlanet.comStock Market: extreme weakness. Stock Sectors breaking down: Materials, Utilities, and Energy broke down to new 7-month price lows. Technology broke down to a new 6-month price...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: doji candlestick indicates indecision, a lack of progress, a standoff. Bond Market: much more concern about the economy than about inflation. NASDAQ Composite...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: trends are Bearish. Bond market: a significant shift to safety. NASDAQ Composite and Technology Stock Sector prices both broke down to new 3-week lows. Growth...