Author: Jeff Pietsch

The overseas trade moved US indices at the get go, keeping the strong bearish trend trade in tact down to the S&P 500’s fifty day moving average. The VIX at one point was plus 25%. Back in the bad/good old days,...

Any trader with a charting package and more than two weeks of experience is well versed in the shortcomings of simple moving averages attendant to their significant noise and lag. While they certainly have their place in the...

The market is coming back strongly today, preserving its recent range. Internals are very strong. In fact, that observation may have provided astute traders with a second entry point earlier this morning, as shown above. As...

(Click Image to Enlarge/ ETF Rewind Glossary)Last week we speculated that the market was nearly overbought, and Goldman Sachs certainly lent a strong catalyst towards that thesis. In fact, the market fought its most difficult...

Excellent internals featuring strong cumulative tick and advancing volume suggest a continuation of the bullish morning trade. However, I’ll grant that price is facing mid-day resistance near its highs at this...

Blue-lined markup comparison of the April versus March Federal Open Market Committee statements below. Also see past Fed-Day reactions on this site, and prior statement markups here. Virtually no changes, including the requisite...

The sizable opening gap higher closed for a retest of yesterday’s lows on a swift reaction to the Spain downgrade just as the SPY tagged its daily pivot. However, in spite of the noisy trade, internals continue to warrant...