Author: Robert W. Colby

Small- and mid-cap stock price indexes continued to demonstrate relative weakness. Crude Oil, United States Oil ETF (USO) fell below the lows of the previous 4 trading days and closed below its 20-, 50-, and 200-day simple...

Small- and mid-cap stock price indexes both fell below the lows of the previous 5 weeks. Crude Oil, United States Oil ETF (USO) rose above the highs of the previous 6 weeks, again confirming a short-term uptrend. Silver, iShares...

The S&P 500 Composite (SPX, 1,337.43) fell 7.59 points or 0.56% on Monday, July 25, 2011. SPX broke below the low of the previous trading day, following 4 consecutive higher lows. Sensitive momentum indicators are showing...

Opinions differ as news about the debt talks keeps changing. If the unresolved drama in Washington drags on, markets might whipsaw violently in both directions in reaction to the latest news. Gold, SPDR Gold Shares ETF (GLD)...

The S&P 500 Composite (SPX, 1,343.80) rose 17.96 points or 1.35% on Thursday, July 21, 2011. SPX closed above the highs of the previous 8 trading days. As of the close on July 21, 2011, the Dow Theory suggested a divergence...

Stocks: falling volume indicates weak demand. The S&P 500 Composite (SPX, 1,325.84) fell 0.89 points or 0.07% on Wednesday, July 20, 2011. SPX opened above the highs of the previous 4 trading days but reversed to close lower...

The S&P 500 Composite (SPX, 1,326.73) rose 21.29 points or 1.63% on Tuesday, July 19, 2011. SPX rose above the highs of the previous 3 trading days, possibly suggesting a minor short-term bounce. Previously, SPX had 47.78...

The S&P 500 Composite (SPX, 1,305.44) fell 10.70 points or 0.81% on Monday, July 18, 2011. SPX broke down below the lows of the previous 12 trading days. SPX fell 47.78 points or 3.53% from its 1,353.22 closing price high on...

 The S&P 500 Composite (SPX, 1,316.14) rose 7.27 points or 0.56% on Friday, July 15, 2011. SPX fell 27.66 points or 2.06% for the week. SPX whipsawed back above its widely-watched 50-day SMA. SPX also held above its...

The S&P 500 Composite (SPX, 1,308.87) fell 8.85 points or 0.67% on Thursday, July 14, 2011. SPX closed below its widely-watched 50-day SMA. Price momentum indicators (such as the popular RSI 14) still show bearish divergence...