Author: Robert W. Colby

S&P 500 Composite (SPX, 1,305.14) fell 14.54 points or 1.10%, on Monday 4/18/11. It was the biggest single-day loss in more than a month. SPX fell below the lows of the previous 17 trading days and fell below the...

S&P 500 Composite (SPX, 1,319.68) rose 5.16 points or 0.39%, on Friday 4/15/11. SPX rose moderately above the highs of the previous 3 trading days and above the widely-followed 50-day simple moving average. But SPX fell...

Financial SPDR stock sector ETF Relative Strength Ratio (XLF/SPY) fell below 5-month lows and remains bearish. Industrial SPDR stock sector ETF Relative Strength Ratio (XLI/SPY) crossed below its 50-day simple moving average,...

VIX Fear Index fell below its 7-week range on 4/13/11, hitting 16.20 intraday, and again confirming a return to bullish complacency. According to Humphrey B. Neill, The Art of Contrary Thinking, when everybody thinks alike,...

S&P 500 Composite (SPX, 1,314.16) fell 10.30 points or 0.78% on Tuesday 4/12/11. SPX gapped lower on the open and fell further to a 10-day low at 10:57 a.m. ET. Stock prices recovered, but only slightly, by the close, which...

S&P 500 Composite (SPX, 1,324.46) fell 3.71 points or 0.28% on Monday 4/11/11. SPX gapped higher on the open but soon peaked at 9:51 a.m. ET. Stock prices reversed again to close below the closes of the previous 8 trading...

S&P 500 Composite (SPX, 1,328.17) fell 5.34 points or 0.40% on Friday. SPX was above the highs of the previous 6 weeks near the open but reversed to close below the closes of the previous 5 trading days. Friday’s...

S&P 500 Composite (SPX, 1,333.51) again challenged recent highs early on Thursday before diving below 4-day lows on news of another earthquake hitting Japan. SPX quickly recovered, showing its old resilience, only to sag in...