Author: Richard Hefter

That’s the big question I am asking myself based on the action I’m seeing over the past several days and weeks. So many stocks are starting to break down below key moving averages while some are breaking out, but...

Following is a brief holiday report. You have to love this market. It’s like the weather in Maine. Blink your eyes and it changes. It really doesn’t know what it wants to do. There’s enough bad news around for...

My near-term work is slowly, but surely, approaching conditions that will be indicative of the conclusion of a pullback in the SPDR Gold Shares (GLD) — presumably ahead of a new upleg. Of course, my problem is that upon a...

No movement. Market tries to move forward, or backward, yet can’t gain any traction as traders are mostly gone for the holiday weekend coming up, and, of course, they’re waiting for the big announcement out of Mr....

With two sessions remaining in the month of August, the Shanghai Composite (SHCOMP) is closing in on a new 4-month low, as well as a test of its March 2009 low of 2037. From a technical perspective, let’s notice that all...

The stock market indices were choppy in the morning, narrow in the afternoon, and then tried to rally late in the session. They rolled over into the close at the afternoon lows and mixed on the session right where they opened....

Although this morning?EUR(TM)s up-spike in EUR/USD from 1.2465 to 1.2570 seems to be flying under the radar, my sense from my chart work is that it could be the initial signal of strength in a surprisingly powerful recovery...

The market was playing off the news that came in just after the close of action on Friday. It was, as usual, good news about Apple Inc. (AAPL) and their lawsuit against Samsung. The jury voted in their favor for a huge cash...

All of the action in The Mosaic Company (MOS) off of its August 20 high at 59.99 into this morning’s low at 56.67 has the right look of a completed, or very nearly completed, correction. If accurate, this means that the...