Author: Richard Hefter

The stock market indices suffered some losses today with damages much deeper on Nasdaq, but individual stocks took a hit today as the indices rolled over early, had new pullback lows just before midday, and then snapped back in...

The stock market indices suffered losses today, although the Dow masked that with a big gain from International Business Machines Corp. (IBM), which jumped more than 5 today. It was unusual to see bigger losses in the Nasdaq 100...

The market has been needing to sell and today it finally did. The Dow held up because of International Business Machines Corp. (IBM), but the S&P 500 and Nasdaq took it on the chin today, especially those tech stocks in the...

Today’s new low — and upside reversal — in the ProShares UltraShort Oil & Gas ETF (NYSE: DUG) has the right pattern “look” and the necessary acute oversold conditions reflective of a seriously...

The stock market indices had another up day, but had a rough start when Apple (AAPL) gapped down on the announcement Steve Jobs’ departure. The stock went down as much as 22 points to 326 at one point early on, but jumped...

The stock market indices closed out the week with a bit of a thrust to the upside, finishing at the session highs going away. It was also the weekly and two-year highs. The day started out with a little...

This is one nasty bull market if you’re a bear. There has been no indication that things are about to fall apart from just an overbought perspective. This market definitely needs to sell, but it’s just not finding...

The stock market indices ended mixed on the session with the blue chips down and the Nasdaq 100 up just a small fraction, but technicals were weaker and lower, confirming the softness today as profit-taking may have started to...