The New Normal?
I’m not so sure — but it does feel that way — doesn’t it? Notice on the SPY chart below how we have moved from nice oscillating (if highly time extended) trend cycles to choppier ranges. The...
Read MoreI’m not so sure — but it does feel that way — doesn’t it? Notice on the SPY chart below how we have moved from nice oscillating (if highly time extended) trend cycles to choppier ranges. The...
Read MoreComeuppance? Overseas performances were compounded by earnings news today, pushing the SPX all the way back down to its 20-day moving average, which is proving initial support. The last few days look more and more...
Read MoreWe have a healthy tick today and a nice rebound back up near prior resistance at SPX 1,150. Although Monday was a strong day overseas, early indications this morning were much dicier. For some reason my Tradestation...
Read MoreOne of my favorite aspects of blogging is all the wonderful people I meet through the Market Rewind chat-room. One of our long-time members goes by the on-line moniker “Dubble”, or “Dub”, as...
Read More(Click Image to Enlarge/ Glossary)The majority of tracked ETFs ended the second week of the year lower on Friday’s options expiration rout, including the S&P 500 (SPY), down -0.8%. Bucking the move were the...
Read MoreA mid-day internet outage has this post up quite late. Looks like it has been a slow grind higher after the opening noise. Hard to like those economic reports, but this is an optimistically inclined market. ...
Read MoreHere we go again with some OPEX volatility thrown into the mix. At the mid-day, SPY price is plumbing the depths of its two week range that looked so close to breaking out just yesterday afternoon. However, I found...
Read MoreHere we go again with some OPEX volatility thrown into the mix. At the mid-day, SPY price is plumbing the depths of its two week range that looked so close to breaking out just yesterday afternoon. However, I found...
Read MoreA mid-day internet outage has this post up quite late. Looks like it has been a slow grind higher after the opening noise. Hard to like those economic reports, but this is an optimistically inclined market. ...
Read MoreMorning follow through was immediately sold for a retest of yesterday’s low range only to find immediate support there at S1. SPY Price then catapulted back to the five-day moving average, where it looks to be...
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