Author: Robert W. Colby

Advisory Service Sentiment: There were 57.3% Bulls versus 15.7% Bears as of 4/6/11, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear Ratio soared to 3.65, up from 2.23 the...

“In light of uncertainty about the economic outlook, it was seen as prudent to consider possible exit strategies for a range of potential economic outcomes.” –Federal Open Market Committee minutes released on Tuesday,...

S&P 500 Composite (SPX, 1,332.87) rose 0.46 points or 0.03% on Monday to close at its highest level in 6 weeks. Nasdaq Composite closed 0.01% lower. Trading volume fell 26% on the NYSE to its lowest level of the year. On...

S&P 500 Composite (SPX, 1,332.41) rose 6.58 points or 0.50% on Friday to close at its highest level in 6 weeks. Trading volume rose 4% on the NYSE and 11% on the Nasdaq, but volume indicators continue to lag price...

S&P 500 Composite (SPX, 1,325.83) eased slightly lower by 2.43 points or 0.18% on Thursday, following 2 consecutive daily gains. Trading volume rose 2% on the NYSE and 7% on the Nasdaq to confirm the downturn. SPX also...

S&P 500 Composite (SPX, 1,328.26) rose 8.82 points or 0.67% on Wednesday. SPX closed above the closing price levels of the previous 18 trading days. Volume indicators are lagging price indicators. Trading volume rose 7% on...

S&P 500 Composite (SPX, 1,319.44) rose 9.25 points or 0.71% on Tuesday. SPX closed above the closing price levels of the previous 13 trading days. Trading volume rose slightly on the NYSE and fell slightly on the...

S&P 500 Composite (SPX, 1,310.19) fell 3.61 points or 0.27% on Monday. SPX rose above the highs of the previous 12 trading in the morning before reversing to close lower. The day made a Bearish Engulfing Line Candlestick, a...