Author: Jeff Pietsch

Last week the portfolio saw an increase in equity (+0.42%) while being hedged for a good part of it. ISRG is going to be sold due to it’s very good run recently. The TAA model is turning from being most bearish into a...

For all the volatility, at the time of this writing the SPY is trading about thirty cents above its 2010 close (excluding dividends) —...

Here’s the scene as of 1 hour into Friday. It’s been a rough ride for GDX lately but yesterday’s action initiated a BUY signal at the open for a nice pop. The GDX signal is actually a bit divergent and a cross...

Amazon and precious metals saw a little panic selling early, but the dip buyers jumped in and the market recoup most of the losses from yesterday. On the positive side banks led the action all day. With tax selling and getting...

Volume remains miniscule, but its bullish for now to see equities hold their ground after yesterday’s rout and internals remain...

Today’s retrace wiped out the last two days of gains and put the S&P 500 back in the red for the year and back under the 200 day moving average. Although volume was light, it picked up over yesterday and the damage was...

Price sold off from the open, with the major indices now at their still rising 5-dmas. It’s obviously a very negative day, but the daily bar technical damage remains light, as does...

A sideways range trade here at the mid-day. Price is a bit overbought after last week, but I’d expect a catalyst requirement to push price one way or the other just now given seasonality. Volume is EXTREMELY light, so do...