Author: Robert W. Colby

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: downside momentum accelerated. The S&P 500 broke down to a new 2-month low, below 1,324.35, the low of 4/15/2008.Financial Stock Sector absolute price fell to...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: price indexes recovered slightly as Crude Oil fell 3.5%. Energy was the only one of the nine major stock sectors to decline. But still, the breadth of the market...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: DJIA broke down to a new 3-month low. Volume rose to confirm. Growth Stock/Value Stock Relative Strength Ratio rose to another new 3-year high. The Small Cap/Large...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: Bearish Key Reversal Day was confirmed by higher volume. The Small Cap/Large Cap Relative Strength Ratio rose to a new 11-month high. Energy Stock Sector Relative...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: Prices recovered from gap-down opens, but volume fell again. Falling volume indicates waning demand for stocks. Industrial Stock Sector Relative Strength Ratio...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: Most price indicators turned up, but volume failed to confirm.Bond downtrend continues. Growth Stock/Value Stock Relative Strength Ratio rose to another new 3-year...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: Oversold rally fizzled.Bonds broke down. SPY MACD and Histogram continued to decline further into negative territory. Consumer Staples Stock Sector Relative...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: Oversold…But the Bears are in control. The path of least resistance is down. SPY RSI 14 is more “oversold” than at the low on 3/17/08—but...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: The S&P 500 closed at a new 8-week closing low. Defensive Stock Sectors, Utilities and Consumer Staples, outperformed. Utilities Stock Sector Relative Strength...

by Robert W. Colby, Senior Analyst TraderPlanet.comStock Market: established sector trends continue. Energy, Materials, and Utilities were strong, while Financials were weak. Energy Stock Sector Relative Strength Ratio rose to...