Author: Jeff Pietsch

This is a risk adverse market (see right hand column): the S&P is setting up to break its premarket lows at S2 on a rising VIX, Down Volume and a Cumulative Tick that is falling apart. Well, the market had set itself up for...

In-spite of strong overseas performances, the Monday gap was quickly filled and we are headed towards a second pivot test, which I expect to fail presently based on internals at this point.  Nursery rhyme “Jack be...

(Click Image to Enlarge/ Glossary)The first week of the new year brought a powerful rally for equities, leaving the S&P 500 (SPY) higher by +2.8%, although that paled in comparison to the +5%-plus gains seen in the Material...

“Life” has this post up later than normal. The market has shown good resilience today, and is slowly chugging higher. Most notable is the significant out performance of the NASDAQ100, which has been several days in...

Another flattish day, but this time registering a lower-low on the daily time frame. On one hand, a willingness to hit the sell button has been demonstrated, on the other, internals, though hardly strong, are running sideways...

Short of a sovereign debt downgrade or two, last month provided remarkably steady sleighing  as the majority of economic reports continued to come in ahead of expectation.  For the month, all tracked indices finished...

Not a lot to work with save the QQQQ’s dive to their 5-dma/ S1, which is holding at this time.  The SPY is essentially flat with the VIX breaking into the 18 handle.  There have been some tradeable oscillations...

Yesterday’s price plateau around SPY $113.30 has been tested twice and held on mixed economic news.  Like the news, internals are also mixed with Cumulative Tick net negative, mild yet positive Advance – Decline...

Yesterday’s price plateau around SPY $113.30 has been tested twice and held on mixed economic news.  Like the news, internals are also mixed with Cumulative Tick net negative, mild yet positive Advance – Decline...

My idea of some new year’s humor. A confluence of supportive economic news and doubly bullish New Year/New Month seasonality has equities higher in strong trend-day fashion. What more to say other than here is to a very...