Author: Robert W. Colby

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: Primary Tide Down Trend could resume at anytime. Most instruments took the day off the wild rollercoaster for a little consolidation. On Monday, majorstock...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: indexes closed mixed. Total NYSEvolume fell 20%, suggesting waning demand for stocks. Growth Stock/Value StockRelative Strength Ratio fell steeply to a new 4-week...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: A Japanese Candlestick Spinning Top has shadows longer than its real body, and it suggests indecision, a standoff of bullish and bearish forces. Energy StockSector...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock market: everything reversed on Wednesday …but a day or three does not make a trend. Changes in minor trends can be sudden and violent. Short covering and bargain...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: major trends persist. S&P 500 fell to its lowest level since 11/2/05. Crude Oil August futures contract, down 6.63 to 138.55, fell steeply but did not break...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: U.S. government rescue was not enough. Financial StockSector XLF/SPY Relative Strength Ratio fell to its lowest level in 8 years, and the XLF absolute price fell...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: on the defensive. DJIA and the S&P 500 fell to new 23-month lows. The Cumulative Daily Advance-Decline Line for the NYSE fell to a new 20-month low....

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: “shorter-term trends can change violently and rapidly.” Materials Stock Sector XLB /SPY Relative Strength Ratio rose to another new 5-year high. Health...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: Bearish Primary Trend is the dominant force. Defensive instruments have been outperforming cyclicals consistently. Investment newsletter advisors are the most...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: minor corrections. Materials Stock Sector absolute price and XLB/SPY Relative Strength Ratio both fell to new 9-week lows, thereby suggesting an intermediate-term...