Author: Robert W. Colby

Stocks are bouncing, and there is no change in my analysis. Before the open on Thursday, August 11, 2011, I wrote: “The high-volume price drops in recent days might add up to a temporary selling climax that could clear the...

Advisory Service Sentiment: There were 47.3% Bulls versus 23.7% Bears as of 8/10/11, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear Ratio actually rose to 2.00, up from...

The S&P 500 Composite (SPX, 1,172.53) rose 53.07 points or 4.74% on Tuesday, August 9, 2011. Stock prices were trying to hang on to modest gains before turning slightly higher following the Fed policy statement at 2:15 p.m....

The S&P 500 Composite (SPX, 1,119.46) fell 79.92 points or 6.66% on Monday, August 8, 2011. Trading volume surged 45% above its 200-day SMA to indicate heavy selling pressure. Based on the SPX, the standard 14-day RSI, now...

Further stock price weakness appears likely to follow last week’s 7% stock market rout. Some sentiment indicators have turned bearish. VIX Fear Index rose to 39.25, its highest level in 14 months, since 5/25/10. Options...

The S&P 500 Composite (SPX, 1,260.34) rose 6.29 points or 0.50% on Wednesday, August 3, 2011. This is a very small recovery of the 6.76% loss over the previous 7 trading days. The trend remains bearish. The S&P Mid Cap...

The Dow Theory signaled a Primary Tide Bear Market on 8/2/11, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed below their closing price lows of June, 2011. The S&P 500 Composite...

The S&P 500 Composite (SPX, 1,286.94) fell 5.34 points or 0.41% on Monday, August 1, 2011. SPX was down every day last week, falling 3.92% for the week. SPX broke down further below the lows of the previous 4 weeks, again...

The markets may not be offering adequate compensation now for the potential risks. All along, nearly everyone has been assuming a political deal to prevent “catastrophic” default would somehow get done before the...

S&P 500 broke down below the lows of the previous 7 trading days. The S&P 500 Composite (SPX, 1,300.67) fell 4.22 points 0.32% on Thursday, July 28, 2011. SPX broke down below the lows of the previous 7 trading days and...