Author: Richard Hefter

That’s really all that’s going on. The bears will want you to think something terrible is happening since we are now down three straight days. That will give either side a bit more confidence. It makes sense to me....

Ahead of this evening’s earnings report, let’s notice that Alcoa (AA) is trading just off of its multi-month lows in the vicinity of 8.45-8.21. This must contain any forthcoming price weakness to avert a press...

Could it be that finally the under-owned and despised gold miners are catching the elusive bid? Could it be that the miners finally are playing catch-up with the relative strength of bullion — in an economic environment...

Interesting isn’t it! The ISM manufacturing Report came out today thirty minutes into the trading day. Anything above 50.0 shows expansion. Anything below 50.0 shows a recession is upon us, that the economy is in...

Although it is not surprising that oil has pulled back 3% from its Thu-Fri upmove of 10%, and although a vertical move of such power usually has tailwinds that propel it still higher, my suspicion is that because my...

The only person holding back the Eurozone from flooding the banks in need with cash was Germany’s Mrs. Merkel. A smart woman who insisted her country would not support efforts to inflate through the printing of dollars to...

Purely from a technical perspective, today’s pre-market plunge in JP Morgan (JPM) in reaction to greater than previously reported losses ($9 Billion vs. $2 Billion) has left behind a near-term Double Top pattern in the...

So what else is new as they say. The bears have the bulls on the ropes. The bears look ready for a strong push to take the market down to support at the 1300 gap. The bears spit the bit. Bulls take over just enough to keep the...