Author: Richard Hefter

Crude oil’s upside pivot reversal off of last week’s low at $83.85 has morphed into a powerful spike that has climbed above the prior high of $92.84 to a new, post-Dec 2008 high at $99.94 today. The explosive upmove...

What a great ride this has been for us. Fun for sure. Bigger picture, as long as printing press Ben is active, the fun should last a lot longer. That doesn’t mean the market won’t take some time out to pause and sell...

The stock market indices ended the week mixed, but a strong, late pop to the upside brought the S&P 500 back in the positive territory to go along with the Dow, and finished the week on a very positive note, despite a...

The stock market indices had a very strong morning, but by midday the S&P 500’s rally was not accompanied by the Nasdaq, which saw pressure from Apple (APPL), dropping 4.83 today to 358.30 on rumors regarding Steve...

But you just can’t kill the beast someone once wrote in a song. No different here, as the beast known as the bull market, won’t go away quietly. It gets a drop below overbought, then comes raging back without even a...

The stock market indices finally suffered a down day today, but not too bad, though. There was some volatility with the indices swinging back and forth several times today in a trading range. The day started out with a move...

The stock market indices ended mixed today, but slightly higher on the S&P 500 and Nasdaq 100, with the Dow off by just 5 points. It was a positive session in that advance-declines and up/down volume were to the plus side...