Friday’s tragic events in Japan provided a sharp end-of-week contrast between U.S. Equities, which saw a small bounce, and International Indices, which finished the week in oversold status. However, with the short-term...
Read MoreAfter shaking off the Japan earthquake, the bulls were able to apply a bit of a squeeze in mid-afternoon trading, but fizzled slightly at the close. The action today did little to change the fact that we are seeing technical...
Read MoreAfter shaking off the Japan earthquake, the bulls were able to apply a bit of a squeeze in mid-afternoon trading, but fizzled slightly at the close. The action today did little to change the fact that we are seeing technical...
Read MoreA light-hearted blast from the past as we wish a quick recovery to all our readers from Japan. Related posts:Friday VWAP 02.08.08 – Sideways Friday 03.11.11 – Rebound to Pivot 07.30.08...
Read MoreA light-hearted blast from the past as we wish a quick recovery to all our readers from Japan. Related posts:Friday VWAP 02.08.08 – Sideways Friday 03.11.11 – Rebound to Pivot 07.30.08 – Another Shooting Star?...
Read MoreMarkets put in an impressive rebound from oversold conditions in the pre-market on the Japan earthquake news to the SPY pivot point at the mid-day. Whether that proves support or resistance will be key to monitor in the p.m....
Read MoreMarkets put in an impressive rebound from oversold conditions in the pre-market on the Japan earthquake news to the SPY pivot point at the mid-day. Whether that proves support or resistance will be key to monitor in the p.m....
Read MoreSome developments of note following the previous Thursday EOD post. Of note is SMH, mentioned previously as a resilient target which this morning is outstanding for its Volume Buzz (let’s assume the SH volume...
Read MoreAt yesterday’s open the big volume buzz was with SMH, which held up nicely for the first 90 minutes before throwing in the towel and joining the broad retreat led by gold and oil. As a result, the only issues that closed...
Read MoreMarket players found a few other reasons to intensify their selling. China announced some surprise weakness, Spanish debt was downgraded and there were reports of some unrest in Saudi Arabia. Â In addition to breaking...
Read More
