Author: Jeff Pietsch

In spite of a relatively decent earnings season, mixed economic readings, domestic political turmoil and an emerging sell-the-news mentality left cracks in the foundation of the ten-month old bear market recovery. This January,...

(Click Image to Enlarge/ ETF Rewind Glossary)A nervous market nevertheless finished nearly flat with the S&P 500 (SPY) lower for a fourth consecutive week by just -0.7% and the NASDAQ 100 (QQQQ) higher by +0.4%. ...

The S&P 500 is thumping along its first indicated level of floor trader’s support near $105.60 even as the Quad Q’s are holding their ground at the zero-line. I am showing cumulative tick as positive, but really...

Ouch!  Overseas action was a big heads up, but I didn’t day-trade the easy opening action and am pinching myself for that.  Otherwise I am happily sitting mostly in cash.  This has allowed me to put a little...

The NASDAQ 100 stocks have managed to stage a follow through recovery even as the the other majors remain weighed down.  Cumulative Tick is trending negative along with most other internals, so it will be interesting to see...

Price action quickly closed its a.m. gap but bounced on cue off the cradle of the 5-dma and 500-min ema for a nice rally to R1, which is acting as support for the SPY and a bit of resistance for the QQQQs.  The later has...

This is a fairly weak bounce effort coming into the new month.  There is most certainly a disconnect between economic news and investor sentiment cycles here.  Meanwhile, internals are strong enough I expect the gains...

(Click Image to Enlarge/ ETF Rewind Glossary)Markets provided little respite last week with nary a bounce so much as a brief pause that nevertheless left the S&P 500 (SPY) lower by another -1.7%.  This third week of...

A strong GDP just wasn’t enough to forestall a gap close on this morning’s move higher. Internals are running sideways right now and we seem to be holding at the S&P’s prior close for now. Are traders...