Author: Robert W. Colby

The majority of major stock price indexes opened higher on gaps but reversed to close with losses on the day. This may signal exhaustion of the short-term uptrend. Sentiment indicators have been suggesting that the stock market...

The majority of major stock price indexes moved further above 2-year highs, following through on the recent bullish upside breakout for stocks. Silver broke sharply below the lows of the previous 2 weeks. The short-term price...

The majority of major indexes moved further above 2-year highs, following through on the recent bullish upside breakout for stocks. Utilities stock sector upgraded to Neutral, as absolute price rose above 2-year highs. Gold rose...

The majority of major indexes moved further above 2-year highs, validating the bullish upside breakout for stocks. Trading volume on the NYSE rose to confirm the price uptrend. Gold rose above all-time highs, again reconfirming...

The Dow Theory reconfirmed a Primary Tide Bull Market as of 4/26/11, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above closing price highs of the previous 2-years. The Dow Theory...

S&P 500 Composite (SPX, 1,335.25) fell 2.13 points or 0.16%. SPX has been encountering resistance short of its 1344.07 intraday high of 2/18/11. Price momentum indicators based on the SPX have failed to keep up with SPX...

The Dow-Jones Industrial Average rose to a new 2-year high on Wednesday 4/20/11. But the Dow-Jones Transportation Average, the A-D Line, the S&P 500, and most other indexes and indicators failed to close above their highs of...

S&P 500 Composite (SPX, 1,312.62) bounced 7.48 points or 0.57% on Tuesday 4/19/11 but remains below its widely-followed 50-day simple moving average. Trading volume on the NYSE fell 16%, thereby denying confirmation of...