Author: Richard Hefter

The market gapped down big again this morning and the bears tried to follow through on the break below the 200-day exponential moving averages that went away at the close yesterday. They felt sure they had the bulls buried and...

The stock market indices had a very strong finish to the day to close positive on the session. The day started out very differently, however. The futures were lower, and the market gapped down at the opening and plunged early to...

For now, all we can do is judge the market by the message it sends. The message it sent today was bearish. No other way to say it. No other way to spin it. A plethora of sectors and stocks were in nasty bear markets before...

The stock market indices suffered a historic setback today in terms of the technicals, and in terms of points it was quite nasty as well. There was a huge gap down at the opening, followed by a short consolidation, which was...

Yesterday, when I wrote about my perceptions of what would create “crash-event” (panic) conditions in the emini S&P 500 (e-SPM) — a sustained break of 1056, followed by a breach of 1036 — the e-SPM...

The stock market indices opened positive but then immediately sold off sharply in a 3-wave decline that reached the session lows just before noon at about 1851 on the Nasdaq 100 and about 1100 on the S&P 500. They rallied...

And that would normally lead to a market bounce for the very short-term but there’s never a guarantee this will unfold. The first put call reading today was 2.44. This reading was only exceeded in 1987 at the end of the...