Author: Richard Hefter

The stock market indices had a very big day to start the week, including a huge gap up at the opening. However, they did back off rather dramatically and gave back a good piece of the early gains. They held steady around midday,...

Boring times such as we are experiencing now can also be construed as interesting if you dig underneath the “nowhere†movement of the market. It’s really interesting how both...

The stock market indices had an up day today, but sold off in the last half hour to take back some of the gains. The day started out lower with a bit of testing-type action. After a double-bottom, they rallied from midmorning to...

From its Feb high at 58.25 through today’s action, the iPath DJ-UBS Grains TR Sub-Idx ETN (NYSE: JJG) has carved out a high-level bullish consolidation area atop its powerful 7-month uptrend. When I analyze the Feb-May...

The stock market indices ended up on the session, but it was an interesting, volatile day. The indices opened lower to new pullback lows, testing key support around the 1310-12 zone on the S&P 500 and under 2300-2298 on the...

It’s a heavyweight battle between the bulls and the bears. No one is able to take the other one down. Each side lands a few good blows, but somehow neither one will go down. Solid chins on both sides. The bulls have held...

My near and intermediate-term technical work on the 10-year yield is warning me that the correction in yield off of the Feb 9 high at 3.74% is nearing completion ahead of the initiation of a new, powerful upleg. Let’s...

The stock market indices suffered more losses today. They tried to rally in the afternoon, but closed not far off the lows on Nasdaq 100 and just slightly above them on the S&P 500. The day started out with a move just...