Author: Jeff Pietsch

Well, it has been a while since we have seen any downside follow through and here we have it. Nevertheless, the SPX has been able to hold the overnight lows just above 1,080 and price has been moving mostly sideways since...

The S&P finally hit an air pocket after days of lateral move and mixed technical indications.  Normally I’d expect this reaction to take us back to 1,080, but for now we are finding good support at the round SPX...

Internals are running sideways with price on slightly negative sentiment.  It’s possible consolidation here as short-term overbought readings cool off through time.  By the same token, we are seeing fewer new...

At the mid-day we have seen mild selling pressure at best after yesterday’s breakout move, though perhaps today is the bigger tell. While 1,120 would appear just around the corner, I still see signs that the end of this...

Horrid internet issues after a series of windstorms have me out-of-pocket once more and holed up in an internet cafe.  The morning economic reports provided enough bullish confirmation for another big push higher even...

(Click Image to Enlarge/ Glossary)After a bumpy ride, the S&P500 (SPY) finished its second week in a row higher, up +2.3%.  This seemed paltry against the Real Estate (IYR) sector’s +6.2% gain on hints of extended...

The reasserted crush in the Dollar has allowed the SPY to bounce nicely off it’s five-day moving average, and the other indices are following suit. I’m flying slightly blind with a bad internet connection today, but...

The round 1,100 level has proven strong resistance once again and we finally have seen some light selling pressure, which at these volume levels may be more of buyer’s strike.  Semantics — either way, the VIX...

The market has been all over the place this morning in range with good tradable tells provided by Cumulative Tick and the Advance Decline lines.  After the the reversal from the new highs, however, the SPY came back to its...