Author: Robert W. Colby

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: 8 of 9 Sectors fell, with Technology weakest. The Standard & Poor’s 500 gave back nearly all of Thursday’s gain to close lower for the week. The Nasdaq...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: S&P 500 rose above 8-day highs. News of better-than-expected GDP and a downturn in the price of crude oil provided the stimulus for an end-of-month rally....

by Robert W. Colby, Senior Analyst TraderPlanet.comStock market: over the past 2 days, price recovered a normal fraction of Monday’s steep loss. But volume remained low, calling into question the significance of the partial...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock market: a mixed and indecisive day of consolidationcannot change prevailing downtrends. The S&P 500 rose slightly while the Nasdaq Composite fell slightly. Major...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: all trends down…a flight to safety. TheNYSE and Nasdaq A-D Lines both fell to their lowest levels in 4 weeks. All 9 Sectors fell, down 1% to 4%. U.S. Treasury Bond...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: in 3 days, the indexes recovered 61.8% of the previous 7-days’ losses…but the rally lacks technical credentials. Volume fell on Thursday and Friday as prices rose,...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: indexes recovered a normal fraction of the previous 7-days’ losses…and there may not be much more left before the downtrend resumes. Declines outnumbered advances...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: indexes recovered partially, but Wednesday’s Spinning Top Candlestick suggests indecision. Tuesday’s Bearish Rising Wedge breakdown casts a dark cloud. Oil, Gold,...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: indexes broke down from a Bearish Rising Wedge. Financial and Consumer Discretionary stocks were the downside leaders. On Tuesday , the Standard &...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: price momentum turned down. The markets have been in choppy, correction/consolidation modes since the stock market low on 7/15/2008. On Monday, the Standard &...