Building a watchlist of ETFs with relative strength – The Wagner DailyAn encouraging start turned into a disappointing finish yesterday, as stocks surrendered solid morning gains and finished in negative territory. After...
Read MoreVolatility reigns supreme – The Wagner DailyInitially following through on Monday’s weakness, stocks got off to a scary start yesterday morning, but brave bulls stepped up to the plate as the day progressed, enabling...
Read MoreFebruary 2010 lows may lead to tradeable bounce – The Wagner DailyTrading in a narrow, sideways range, near the previous day’s highs, stocks spent most of the day trying to build on the previous day’s bounce,...
Read MoreDecent bounce or one-day wonder? – The Wagner DailyAfter tumbling 7 to 9% in just six sessions, the major indices staged a decent bounce last Friday, but the broad market still closed sharply lower on the week. Stocks...
Read MoreWhat does “oversold” really mean? – The Wagner DailyDriven by growing fear in the markets, recent downside momentum kicked into high gear yesterday. The main stock market indexes gapped sharply lower on the...
Read MoreS&P 500 headed back to the 200-day MA – The Wagner DailyFollowing through on the previous day’s decline, stocks registered another round of losses yesterday, but afternoon stabilization enabled the major indices...
Read MoreS&P 500 headed back to the 200-day MA – The Wagner DailyMomentum from Monday’s bullish intraday reversal abruptly fizzled out yesterday, as stocks resumed the bearish trend from the latter half of the previous...
Read MoreYesterday’s session was a tale of two markets, as stocks trended steadily lower in the morning, reversed at mid-day, then rallied back in a symmetrical pattern. In the end, the major indices averted sharp losses and...
Read MoreFollowing through on the previous afternoon’s weakness, the main stock market indexes sustained another round of broad-based losses last Friday. Stocks gapped down on the open, drifted lower throughout the morning, then...
Read MoreBroad market averages were unable to build on Wednesday’s momentum, as a quick probe above the prior day’s high in the morning session failed to attract much buying interest. After a few hours of choppy action,...
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