Author: Richard Hefter

The stock market has been hanging around the upper end of its trading range for a while now. It seemingly doesn’t want to pull back very much, but clearly it is struggling to make the bigger move up and out above 1105....

The stock market indices ended the week on an up note, but the road to that finish was a choppy one. It started off with a little bit of a move down, then rallied immediately to test the highs in the morning. When that was...

Let’s notice that the iShares 20+ Year Treasury Bond ETF (NYSE: TLT) is testing the 102.00-101.80 area, which represents the lower channel support line off of the April low (87.30), as well as the mid-August upside...

The stock market indices had a very choppy session. They gapped up strongly at the opening, but that was it right there at the highs in the first couple minutes. They pulled back in an orderly fashion, tried to come back on, but...

The stock market indices had another up day as the rally continued. Starting out with a gap up, they ran sharply higher until mid-morning when they paused. At that point they resumed the advance, reaching the session highs just...

I don’t think anyone would argue with that reality. It’s not great, and it’s clearly not on breakout, but it is acting better even though the masses still think the action isn’t worth playing. The...

The Shanghai Composite remains in “spring position” ahead of a potential upside breakout from its May-September base pattern. Let’s notice that the recent price action of both the SH COMP and the S&P 500 is...

The stock market had a negative start to the week as the indices opened lower, bounced, and couldn’t get through resistance, with the S&P 500 trailing early on. They rolled over hard in the morning, reaching the lows...