Author: Richard Hefter

Some sectors have gotten back through their 20- and 50-day exponential moving averages and some have not. Some are partially through like the S&P 500 which cleared its 20- day exponential moving average today and is oh so...

But you know it won’t come easy folks. Once we broke down below the 20- and 50-day exponential moving averages, back tested and fell again, the trend changed from up to down. breaking trends, once in place, is not an easy...

When markets sell off roughly 10% off the top, it’s extremely important to see how oscillators set up once the selling calms down. To look at how the daily charts will set up once some buying comes in. Watching the...

The headline in the WSJ (online) reads: “EU Leaders Agree on Support for Greece,” but the sub-header tells us that “Euro-zone countries will provide coordinated action if needed to preserve stability.”...

A while back, when I spoke about the need for the market to move lower based on sentiment extremes, I warned that fear would kick in hard and fast and that it wouldn’t take long before the bears start to ramp up thus...

This morning’s first-hour breakdown in the S&P 500 Depository Receipts (AMEX: SPY) from 107 to 106.11 was mostly recovered in the second hour. Let’s see if the recovery can continue to claw its way above 107.50,...

It’s starting to get violent as both sides are fighting for control of this market. It’s about the bulls holding on to the 200-day exponential moving averages while the bears are intent on holding any rally before...