Author: Robert W. Colby

A morning rally gave way to afternoon fatigue as stocks surrendered most of their early gains. Still, the S&P 500 Composite (SPX, 1,317.72) rose 4.08 points or 0.31% on Wednesday, July 13, 2011. SPX finished modestly above...

S&P 500 Composite (SPX, 1,313.64) fell 5.85 points or 0.44% on Tuesday, July 12, 2011. SPX broke down below its 50-day SMA on 7/13/11. SPX broke down below the lows of the previous 6 trading days, thereby confirming a...

S&P 500 Composite (SPX, 1,319.49) fell 24.31 points or 1.81% on Monday 7/11/11. SPX broke down below the lows of the previous 4 trading days, thereby confirming a short-term downtrend. Last week, the S&P 500 tried but...

Stocks gapped lower on Friday in reaction to a “shockingly poor” monthly employment report from the U.S. Department of Labor. The report caught traders totally by surprise, because just one day before, on Thursday, a...

Stocks gapped higher on the open on Thursday in reaction to a report from Automatic Data Processing stating that private companies added 93,000 more jobs than economists expected. This naturally sets up expectations for a good...

The stock market lost upside momentum this week. It is overbought short-term. S&P 500 Composite (SPX, 1,339.22) rose 1.34 points or 0.10% on Wednesday 7/6/11. SPX shows substantial chart Resistance in a 3% band from 1331 to...

The stock market lost upside momentum, it remains short-term overbought, and it appers vulnerable to an immediate price pullback. S&P 500 Composite (SPX, 1,337.89) fell 1.78 points or 0.13% on 7/5/11. SPX shows substantial...

Stock indexes bounced nearly 6% over the past 5 days, rising above their highs of the previous 4 weeks, as traders swung toward aggressive risk seeking and away from defensive risk avoidance. Short sellers were caught by...

Stock indexes rose 4% over the past 4 days, rising above their highs of the previous 4 weeks, as traders moved further toward aggressive risk seeking and away from defensive risk avoidance. VIX Fear Index fell further below...

Stock indexes rose 3% over the past 3 days, rising above their highs of the previous 3 weeks, as traders switched from defensive risk avoidance to aggressive risk seeking. VIX Fear Index fell below 4-week lows to 16.32,...