Author: Richard Hefter

The market made a beautiful reversal on Friday off the 1040 test, finishing strong at the highs on expanding volume and on a very strong advance/decline line. It would have been normal to see some form of a retrace move today,...

The stock market indices suffered a down day to start the week, but did start with a little strength early on in the Nasdaq 100, when it retested the 1799-1800 zone unsuccessfully. The S&P 500 got up to 1064 and change and...

Today’s sharp 2.5% upmove in the Shanghai Composite from Friday’s close shows that the price structure held above — and lifted off of — its prior (Aug 13) pullback low at 2564, as well as near-term MA...

The stock market indices had a very strong snapback session to close out the week on apparent short-covering and bargain hunting. In the morning they opened firm, but then rolled over hard on negative economic news, taking the...

Intel Corporation (INTC) has been the source of many big reversals in the stock market over its career on Wall Street. Sometimes it has set the top of the market and at other times it has set the bottom, at least for the...

The stock market indices suffered a setback today as early strong movement to key overhead resistance failed and they sold off for the rest of the session in stair-step fashion. The Nasdaq 100, reaching just over 1800, pulled...

The stock market indices had a snapback rally. After reaching new pullback lows and testing key support near 1760 on the Nasdaq 100 and 1040 on the S&P 500, they bounced back in the morning, consolidated mid-day, and then...