Author: Jeff Pietsch

The opening gap has held well ahead of the onslaught of earnings this week.  Although Up Volume is hugely outpacing, Total Volume is nearly non-existent and it seems price has hit a wall for now.  Thanks again to Leo...

Some personal time over the weekend has this post out late, but I wanted the main graphic up for continuities’ sake.  Note how short-term overbought we were as of Friday’s close not to mention today’s gap...

Good trading to you and see you on Monday.We are slightly overbought at this point.Thank you leo for hosting the chat room...

The break away on strong Tick and AD on a moderate VIX after an early morning first-reaction buy at the 500-ema  and then again at the VWAP made this look like a trend day fairly early on.  And now we’ve...

After two days of significant gains, price is taking a breather ahead of earnings season.  However, I note a strong preference for safety over risk today, keeping our Market Sentiment readings far below the half way...

Internals are showing very smooth and aligned trend strength for the second day in a row with today’s gap and go.  This brings us back up above the majors’ respective twenty-day moving averages, which may again...

Our Mrkt_Sentiment dial swung to 100% early in today’s trade, suggesting that oversold conditions may finally get bought. Strongly outpacing Up Volume soon confirmed, and the Advance – Decline, Cumulative Tick and...

(Click Image to Enlarge/ Glossary)The markets continued their post-September 22nd struggle into difficult economic reports and ahead of third-quarter earnings.  In this respect, early October feels much like early July, the...

Last month I questioned whether equities were “Running on Empty,” and perhaps I could pose that very same question this early October after a rash of less than stellar economic reports.  Nevertheless, September...

Equities are officially very oversold with the S&P500 sitting spot on its fifty-day moving average, which I expect to provide initial support for either a bounce or pause (feels like the latter just now).  Internals are...