Author: Richard Hefter

The stock market indices vacillated back and forth today, continued their consolidation, but held support while being repelled by resistance. Net on the day they were down a bit. The day started out with a little bit of a gap...

By no means does that guarantee that the S&P 500 will ever break through this critical long-term down trend line that would send the bears running for the hills, if it ever did make the move. We have the GDP Report tomorrow...

The stock market indices were volatile today, but at the end of the day they finished higher. The day started out with a big thrust to the downside, exacerbated by negative economic news from consumer sentiment. The Nasdaq 100...

We get overbought and we start to struggle a bit. Most of the selling continues to be basically lateral. This overall lateral action allows things to unwind just enough to where we can then go higher once again. We’re not...

The stock market indices started lower this morning, rallied from late morning to late afternoon and reached new rally highs. But in the last hour they rolled over very hard, completely reversing today’s gains, and ending...

The stock market indices ended the week in spectacular fashion, gapping up big at the opening and never looking back. The indices rallied sharply, reaching a peak around noon, and then backed off in early afternoon to test...

Taking folks by surprise for sure. Not many thought this was possible, but those oscillators did give hints to the possibilities. Now we see what happens when things align just right. Get those MACD’s compressed down low...