Author: Richard Hefter

And that’s what caught my eye today. It certainly got my attention, too, as I watched the violent down action across the board in general, especially how the leaders reacted to everything. No mercy there. Money did not...

Just when you think all is doomed the market surprises yet again. After watching what happened to the market on Friday I’m sure most of you were thinking that today would be a follow-through disaster. That the market had...

The stock market indices started the week off with a bang reversing Friday’s sell-off, and after a late morning pullback held support they took off and ran sharply higher. The Nasdaq 100 reached 2040 and the S&P 500...

The UltraShort Financials ProShares (NYSE: SKF) is lower on the session, but has inflicted no damage to the enclosed chart pattern. Right now, the weight of near-term technical evidence argues that each upleg off of every April...

The stock market indices took it on the chin Friday as profit taking set in and the indices finally had their worst losing week since January. Whether we get a downside follow-through next week and break the topping patterns...

When you’re in a handle it is normal to simply move up and down. Feels weird as this takes place because you get a lot of volatility within a very defined range. That range being about 4% on the S&P 500. I think we can...

The stock market indices gapped up at the opening, broke through resistance, and ran hard, particularly on Nasdaq today, reaching 2045 on the Nasdaq 100 in the morning and around the 1208 area on the S&P 500. The next couple...

The market decided not to follow through on the downside once it had successfully taken out those 20-day exponential moving averages on the daily charts on the S&P 500, Dow, and WLSH. The Nasdaq never did lose its 20-day...