Author: Richard Hefter

The stock market indices managed to rally late in the session and take back most of the losses, putting the Dow and the S&P 500 back in the plus column, but Nasdaq had a weak session, closing in the negative column. The day...

The Market Vectors Gold Miners ETF (NYSE: GDX) has the right look of a potentially explosive pattern. My near- and intermediate-term work in the GDX argues that all of the action off of the December 2, 2009 high at 55.40...

The stock market indices started the week on a down note, although in the beginning of the session they did try an early rally that failed right at resistance. They rolled over to new pullback lows on the Nasdaq 100, and made...

A lot of bad stuff took place technically for the market today. The Nasdaq finally lost its 200-day exponential moving average currently at 2224 while the iShares Russell 2000 Index (IWM) or the ETF for the small caps, the very...

The market was set-up to try higher and form a right shoulder. It was excited over the prospects of huge job growth, especially in the private sector where it matters most. A strong close Thursday with MACD’s crossing set...

The stock market indices hit the skids on Friday as fears from Europe and bad jobs report numbers sent the market sharply and steadily lower all session. The indices started out with a big gap down as futures were sharply lower....

The stock market indices managed to eek out a gain at the end of the day today, only because of a late afternoon rally. The day started out on the plus side and then sold off in a 3-wave decline by midday, reaching the session...

The late day action saw something important take place. Oversold MACD’s crossed up positive, which tells me that we should be trying higher prices in the short-term. MACD’s weren’t crossing across the board,...