Author: Richard Hefter

Not great, but if the bulls want to exhale now is the time to do so. If this level is lost on a closing basis it’s not good, especially if it’s lost with some force behind it. We certainly did lose it intra-day, but...

Based on my near- and intermediate-term work, the pattern and momentum configuration in the iShares Barclays 20+ Yr Treas Bond ETF (TLT) argue that the price structure hit a spike high this morning at 109.50, reflecting the...

The stock market indices suffered another sharp setback, breaking key support today. At the opening they gapped down sharply, went sharply lower reaching 1767 on the Nasdaq 100 and as low as 1046 and change on the S&P 500....

The stock market indices started the week out on a negative note, but the session began very differently. They gapped up at the opening, ran sharply, reached resistance, and then came down very hard off those resistance levels...

Breaking markets down is never an easy chore. The problem for the bulls is that they have yet to get the type of news that would allow them to break this market out, thus the stalemate we are seeing for the past several months....

The stock market indices ended mixed on the day today after a mid-day and afternoon rally brought them back from early losses. The S&P 500 and Nasdaq 100 opened lower, tried to bounce in the morning, but then gave it up....

The market keeps absorbing bad news report after bad news report and refuses to give it up. Doesn’t mean it won’t at some point, as it likely will, do just that. However, in the face of a Philly Fed report showing a...

Instead of breaking out to the upside above 2700 today, the Shanghai Composite instead rolled over into a bout of profit- taking (-1.8%). That said, however, let’s notice that the weakness has not violated any meaningful...