Author: Robert W. Colby

By Robert W. Colby, Senior Analyst TraderPlanet.comStocks showed some resilience.Stocks rebounded from a morning sinking spell. Some momentum oscillators started to firm up. But key price indexes remain below their popular...

By Robert W. Colby, Senior Analyst TraderPlanet.comFinancial stocks are a drag.The Financial Stock Sector Relative Strength Ratio (XLF/SPY) fell to its lowest level in 7 years. The S&P 500 and DJIA broke below previous...

By Robert W. Colby, Senior Analyst TraderPlanet.comMomentum oscillartors show bearish divergence. Fear is starting to rise again.The S&P 500 and DJIA broke below previous 12-day lows. The S&P 500 and DJIA fell further...

By Robert W. Colby, Senior Analyst TraderPlanet.comDowntrends in multiple time frames.The S&P 500 broke below previous 6-day lows. The S&P 500 closed below its popular 200-day simple moving averages. The S&P 500...

By Robert W. Colby, Senior Analyst TraderPlanet.comConsolidating losses in a high risk environment. The markets appear erratic and unsettled, largely due to too many surprising news items in recent weeks. The S&P 500 and...

By Robert W. Colby, Senior Analyst TraderPlanet.comThe Fed has a new plan to add liquidity. A lesson on how to create a disorderly market.The markets appear erratic and unsettled, largely due to the way the Fed has released...

By Robert W. Colby, Senior Analyst TraderPlanet.comThe Fed disappoints.The market hates uncertainity.Dow-Jones Industrial Average and S&P 500 both broke down from Bearish Rising Wedges, and both closed back below their...

By Robert W. Colby, Senior Analyst TraderPlanet.comShort-term technical momentum oscillators are overbought. Fed funds rate cut already discounted?Utilities and Consumer Staples sectors’ made new all-time price highs, suggesting...

By Robert W. Colby, Senior Analyst TraderPlanet.comShort-term technical momentum oscillators turned down. Falling volume suggests hesitation and fatigue. Utilities and Consumer Staples sectors’ made new all-time price highs,...

By Robert W. Colby, Senior Analyst TraderPlanet.comGovernment rescue plan inspires hope. Short-term technical momentum oscillators continued to move upward. Standard & Poor’s 500 index (1,507.34) penetrated Potential...