Author: Robert W. Colby

S&P 500 Composite (SPX, 1296.39) closed 0.60% lower on Monday, but that is only part of the story. The rest of the story is that stocks rebounded from deeper morning losses to close near their best levels of the day....

S&P 500 Composite (SPX, 1,304.28) closed 0.71% higher on Friday after falling to its lowest level in more than 5 weeks intraday. SPX closed above its 50-day simple moving average on Friday after closing below it on...

S&P 500 Composite (SPX, 1,295.11) plunged 1.89% on Thursday to its lowest level in more than 5 weeks. Volume rose to confirm the breakdown. SPX closed below its 50-day simple moving average, which is one of the most popular...

S&P 500 Composite (SPX, 1,320.02) fell 0.14% on Wednesday. It was another Inside Day, a Consolidation Day, with lower high and higher low compared to the price ranges of the previous 2 trading days. Inside Days are...

S&P 500 Composite (SPX, 1,321.82) rose 0.89% on Tuesday, recovering slightly more than it lost on Monday. It was an Inside Day, a Consolidation Day, with lower high and higher low compared to Monday’s price range....

S&P 500 Composite (SPX, 1,310.13) fell 0.83% on Monday, closing below the lows of the previous 2 trading days. It appears that unpredictable global uncertainties may cause the stock market to remain unsettled and vulnerable...

S&P 500 Composite (SPX, 1,321.15) fell 0.74% on Friday, retracing a normal 43.59% of Thursday’s 1.72% advance. Given that Crude Oil rose above 2-year highs, Friday’s 0.74% stock price decline appeared relatively...

S&P 500 Composite (SPX, 1,330.97) jumped 1.72% on Thursday, catching many traders by surprise. Most of the gain came at the open, thereby denying short sellers a chance to adjust trading positions without taking losses....