Author: Robert W. Colby

The S&P 500 Composite (SPX, 1,224.58) rose 20.92 points or 1.74% on Friday, October 14, 2011. The 9-day price bounce has been the biggest in months, but “no tree grows to the sky”. SPX is at the top end of its...

The S&P 500 Composite (SPX, 1,203.66) fell 3.59 points or 0.30% on Thursday, October 13, 2011. It was the first day since 10/4/11 that the intraday low of the SPX was lower than the low of the previous day. Sensitive price...

“The financial markets have become driven by politics. It is central banks printing money, or governments bailing out banks, that determines whether asset prices rise or fall….While a few very clever people can...

The S&P 500 Composite (SPX, 1,195.54) rose 0.65 points or 0.05 % on Tuesday, October 11, 2011. SPX recovered from a lower open but stalled out after peaking at 10:45 a.m. The market remained choppy/sideways for the rest of...

The S&P 500 Composite (SPX, 1,194.89) rose 39.43 points or 3.41% on Monday, October 10, 2011. SPX closed above the highs of the previous 8 trading days. Price momentum, which was decelerating on Friday, not only turned back...

The S&P 500 Composite (SPX, 1,155.46) fell 9.51 points or 0.82% on Friday, October 7, 2011. Price momentum stalled out and turned down on Friday. There was a potential double top intraday, and urgent selling into the close,...

The S&P 500 Composite (SPX, 1,164.97 ) rose 20.94 points or 1.83% on Thursday, October 6, 2011. SPX closed above the highs of the previous 4 trading days, confirming a minor bounce. SPX remains bearishly below falling 50-day...

The S&P 500 Composite (SPX, 1,144.03 ) rose 20.08 points or 1.79% on Wednesday, October 5, 2011. NYSE volume fell 26% below Tuesday’s active pace. Over the past 2 trading days, the stock market has recovered a normal...

The S&P 500 Composite (SPX, 1,123.95) rose 24.72 points or 2.25% on Tuesday, October 4, 2011. SPX gapped down on the open and lost more by 9:56 a.m. Stocks struggled up and down until the final hour, when a news wire...

The S&P 500 Composite (SPX, 1,099.23) fell 32.19 points or 2.85% on Monday, October 3, 2011. SPX broke down below the lows of the previous 13 months. The Dow Theory signaled a Primary Tide Bear Market on 8/2/11, when both...