Author: Jeff Pietsch

What to make of today’s trade?  Currently we are running sideways on good volume and have respected the Friday lows.  On an absolute basis internals are positive, albeit trend-less for the most part, maybe...

With positions flat, I couldn’t resist — but didn’t we do this last year too?  In any event, Happy Halloween from Market...

Our third trend day in a row just put in new lows for this extended cycle.  Of note, this was the first post-reversal day that hasn’t featured a higher-high in some time.  It would appear the psychology today was...

This is just the sort of v-shaped turn that the bulls wanted to see at key support, and we are just as much in trend-day mode to the upside today as we were to the downside yesterday.  Speaking of which, volume is slightly...

We had good reason for a technical bounce today, but the fundamentals chose not to comply and the S&P500 is now challenging its fifty-day moving average in an apparent down-trend day. The VIX is steadily climbing on highly...

The market is running sideways in range-day fashion with up and down volume fairly well matched.  Tick has demonstrated a slightly more bullish bias, but only marginally so, our sentiment indicator is weak, and the VIX...

That was quite a tradeable dive to the twenty-day moving average on the SPY ($107.10), and S1 levels for the QQQQ and IWM, respectively.  Tells included the Financial’s under-performance, the cooling of the AD line...

(Click Image to Enlarge/ Glossary)Equities held flat last week with the S&P500 (SPY) finishing down -0.7%. Interestingly, more good economic news on Friday was not enough to push the market back higher as Energy and...

While the S&P500 continues to hold at its first support level (say $108.25), internals likewise remain quite bad.  Therefore, save the perennial buy-the-close behavior, I have to assume we continue to struggle or lose...