Author: Richard Hefter

It’s the same old story. Wash, rinse, and repeat. The market goes higher until the daily charts get those 70 RSI readings, and then it sells off a bit to unwind some. Once unwound just a little bit it begins its journey...

Democracy. The people of Egypt were fighting to remove autocratic leadership and create democracy for themselves. The market had been somewhat shaken recently over rioting in the streets. It was a reminder of the recent past...

The stock market indices ended the week on a very strong note with another rally, and closed near the highs for the day, week, and going back two years. Net on the day, the Dow was up 43.97 at 12,273.26. The S&P 500 was up...

The enclosed comparison chart shows several Latin American ETFs. Let’s notice that the iShares MSCI Mexico Index Fund (NYSE: EWW) chart shows a high-level bullish consolidation pattern developing. My near-term work...

The stock market indices had a volatile day today, but hung in there and managed to close with gains on the Nasdaq 100 and S&P 500, but the Dow finally broke its 8 consecutive day winning streak, dropping more than 10 points...

The stock market indices today ended mixed, but they had some powerful swings intraday. The Nasdaq 100 opened lower, as did the S&P 500. They bounced back to new highs on the NDX, but failed to do so on the S&P 500 by a...

You wouldn’t call this a strong, or a major, pullback, I’m sure, but it was a pullback to some degree, nevertheless, especially on the Nasdaq and today’s lows. RSI readings on the S&P 500, Dow, and Wilshire...

Very sloppy action in the emini S&P 500 (e-SPH) and in the cash S&P 500 (SPX), which is a bit unnerving for me considering my cycle work (posted on Monday evening) as well as my Bollinger Band work BOTH suggest that the...