Author: Robert W. Colby

By Robert W. Colby, Senior Analyst TraderPlanet.comStocks rose in the face of bad newsStock market momentum turned upward The major trend of the stock market remains Bullish. The Energy sector is the upside leader, followed by...

By Robert W. Colby, Senior Analyst TraderPlanet.comBiggest one-day loss since 8/9/07 All sectors fell for the second consecutive day. Financials and Energy sectors fell the most. Breadth was extremely Bearish. Price momentum...

By Robert W. Colby, Senior Analyst TraderPlanet.comCould the Bears get squeezed harder before this rebound is over? All sectors fell. Industrial and Technology sectors fell the least. Utilities and Consumer Discretionary sectors...

By Robert W. Colby, Senior Analyst TraderPlanet.comGood Trend Day on Friday Materials and Energy were the strongest sectors. Foreign stocks outperformed again. Excessive Bullish sentiment has been shaken out of the market. Price...

By Robert W. Colby, Senior Analyst TraderPlanet.comMarket rally stalled? Or demonstrating resilience? Major indexes already had a normal bounce since 8/16/07. Now some are talking “test of lows”, but the market was...

By Robert W. Colby, Senior Analyst TraderPlanet.comConsolidation is normal and natural after a big price move. Volatility is settling down, and market conditions appear to be returning to normal. Falling Energy prices were a big...

By Robert W. Colby, Senior Analyst TraderPlanet.comConsolidation looks normal Materials and Industrial sectors outperformed. Financial and Energy underperformed. Price momentum oscillators, oversold in late July, have been...

By Robert W. Colby, Senior Analyst TraderPlanet.comThe Fed to the Rescue The Fed cut the Discount Rate and “is prepared to act as needed.” Price momentum oscillators, oversold in late July, are now rising. Sentiment...

By Robert W. Colby, Senior Analyst TraderPlanet.comDownside momentum is dissipating. DJIA tested and closed above its 200-day simple moving average. The S&P 500 held above its March low and closed higher. Sentiment extremely...

By Robert W. Colby, Senior Analyst TraderPlanet.comDJIA nearing 200-day simple moving average Downside momentum shows force, but not as much as previously. Sentiment is quite Bearish. Major stock price indices fell steeply to...