Author: Robert W. Colby

By Robert W. Colby, Senior Analyst TraderPlanet.comUpside reversal on heavy trading Tuesday was an Outside Reversal Day on Heavy Volume. Short-term technical momentum oscillators turned upward, following oversold readings and...

By Robert W. Colby, Senior Analyst TraderPlanet.comThe news remains depressing, but the stock market is losing downside momentum. There has been no let up in wave after wave of bad news stories making headlines in the media...

By Robert W. Colby, Senior Analyst TraderPlanet.comImpressive resilience in the face of extreme bad news and pessimism. The news has been extremely Bearish, but stocks held above Monday’s lows. Sentiment shows extreme pessimism...

By Robert W. Colby, Senior Analyst TraderPlanet.comThe stock market is oversold and downside momentum is slowing. The news is very negative, and tangible indications of fear are evident. Still, short-term momentum indicators...

By Robert W. Colby, Senior Analyst TraderPlanet.comStocks bounce big S&P 500 soared 2.91%, for the second largest one-day percentage gain since March 2003. S&P 500 made back more than it lost over the previous 3...

By Robert W. Colby, Senior Analyst TraderPlanet.com Fear is high and rising.Commodity related instruments hammered down. VIX “Fear Index” rose to a 4-year closing high. VXN “Fear Index” rose to a 4-year closing high. Stochastic...

By Robert W. Colby, Senior Analyst TraderPlanet.comShakeout losing downside momentum?Technology stocks hammered again. Short-term technical oscillators suggest that the stock market is oversold and losing downside momentum....

By Robert W. Colby, Senior Analyst TraderPlanet.comOversold and Losing Downside Momentum. Technology Stocks Hammered. Materials and Energy sectors Relative Strength made new all-time highs. Utilities Relative Strength made a new...

By Robert W. Colby, Senior Analyst TraderPlanet.comBad News Overwhelmed the BullsStock Market is Oversold NASDAQ Relative Strength made a new high. Foreign stock indices Relative Strength made a new high. Growth Stock/Value...

By Robert W. Colby, Senior Analyst TraderPlanet.comShort-term momentum indicators turned Bullish. Energy and Materials stock sectors: Relative Strength made new all-time highs. Consumer Discretionary stock sector: Relative...