Author: Richard Hefter

The stock market indices continued their rally today and ended near the session highs and two-year highs going away. The day started out with a little bit of a dip. Support was tested successfully, and then they sparked a rally,...

The day started out with a big rally from the get-go, and the indices rallied to new two-year highs. The Nasdaq 100 exceeded 2360, while the S&P 500 reached just under 1323 today. At that point they consolidated for a few...

The questions are asked daily. How soon will the correction begin? Shouldn’t I be selling my longs and going short and short aggressively? I can’t blame people for wondering about those issues. It makes sense...

The market had the excuse it needed today if it wanted to really just give up and start a strong correction. Terrible news from the jobs report showing one hundred thousand less jobs created than what was expected and hoped for...

The stock market indices ended the week on a positive note, and set new 2011 highs and 2-year highs on the Dow, the S&P 500, and the Nasdaq 100, but technicals were flat to negative for the most part and are signaling that...

Oil prices have plunged today in anticipation of a peaceful transition in Egyptian leadership into presumably U.S.-friendly — and democracy-friendly — hands, which will quell perceptions of event risks in the oil...

Now that we know the category 5 cyclone did not inflict as much damage as expected, the iShares MSCI Australia Index (EWA) has popped to the upside. Let’s notice that today’s strength has pierced the Nov-Feb...

The stock market indices marked time today and basically consolidated for most of the session, moving back and forth in narrow ranges. A late sell-off brought them back to near the session lows. Net on the day, the Dow was up...

So when is a sleepy day a good one? Hard to argue that today wasn’t good for the markets, although it seems as if the market could use a long vacation to the down side. It would surely set things up better for all of us...