Author: Richard Hefter

As a proxy for the long end of the bond market as we approach some potential Fed “instructions” about the intensity and size of QE2, let’s take a look at the iShares Barclays 20+ Year Treasury Bond ETF (TLT)....

The stock market indices started out on a flat note, but the path was interesting. The day started out with a little surge to the upside. They backed off, tested support successfully, and then ran to new rally highs, reaching...

You’re not going to love this if you like ACTION. You won’t be seeing big swings from day to day when you have a VIX in the teens. It simply means the volatility of the market is basically gone for the short, if not,...

The stock market indices ended the week with a bang, closing the S&P 500 near the 2010 highs. The day started out with some backing and filling, and then a rollover, but that held support. When that occurred, the indices...

Grinding Higher… This bull run for the last few months can be looked upon as the grind run. Nothing too explosive day to day, although, there have been some good days in there. Mostly, however, it’s been a grind up....

Just in case you want to see a real live example of channel analysis, the Market Vectors Gold Miners ETF (NYSE: GDX) is a textbook case. The enclosed 3-month uptrend has carved out a spectacular bullish channel, which we notice...

The stock market indices ended mixed and traded in choppy fashion all day today. The day started with a move up near the opening to test resistance, could not get through overhead resistance, came off sharply, and then bounced...

For better or worse, richer or poorer, my big picture pattern work on oil continues to warn me that I should treat the May decline from $87.15 to $64.24 as the first downleg either in a large, incomplete correction, or the first...

You won’t have to look long or hard to find carnage wherever you turn with those high pole stocks, meaning stocks that have run up straight with hardly a pullback for months. They’re all over the place, and we warn...

The stock market indices suffered losses today in the non-blue chip sectors as the Nasdaq 100 was down 18.11 at 2006.52. The S&P 500 ended up near-unchanged, down to 0.78 at 1159.97, and the Dow was up 22.93 at 10.967.65....