Author: Jeff Pietsch

Please protect some memory for Excel’s cut, copy and paste functions while Visual Basic is running routines in the background so that other applications can function normally. I’ll even upgrade. Sincerely,...

The S&P is trading in an ever-tightening coil even as cumulative tick continues a fairly consistent upward drift. That could signal a breakout higher in the second half of the day, but really volume is lightish, up and down...

After two mild down days we broke out of the congestive range from the get go this morning on strong advancers and tick action. A 23% extension indicates SPY $101 above, but this has been a somewhat marginal trend day so far...

Back after an Internet outage, so late post today. Market once again shows resiliency after the weak bond auction and overnight Asian performance. Nevertheless, we are now trading below the VWAP and under the (intraday) five-day...

The Mean Reversion Swing crowd has been taking it on the chin during the last two weeks and they are feeling quite mean about it — I’m certain. Since I recently added a nice testable measure of mean reversion...

After a very noisy yet tradeable open on the weak sentiment numbers (and inspite of the housing price numbers), the major indices have pulled back about a full percentage point, putting in the first lower-low in the SPY in...

With up and down volume about evenly matched and tick oscillating around the zero line, it would appear to be a range day bounded by the new home sales pop and S1. The Vix took a bit of a leap today, but is having little effect...

(Click Image to Enlarge/ Glossary)Given the major indices’ largely overbought status at the end of last week, I was especially curious to see how this week’s table would compare after the strong re-pricing encore. As...

Exceptionally low volatility readings last night were suggestive of a big move ahead, and now we know the direction. While it may be that short covering initially put in a bid upon breaking yesterday’s highs as stops were...