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Author: Jeff Pietsch

Groupon IPO and Jobs

The market finished the day off the morning’s lows, but without much energy.  Its probably normal to expect a smaller ranger day after yesterday’s heavy volume selling.  The indices were oversold enough for...

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06.02.11 – Slide Continues

A significant relative volume spike is underway as SPY tests $131. Next support is in the low to mid $130′s around the 4/18 cycle low levels. However, it has certainly been a long time since we have seen this sort of...

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VIX / TLT Pull Back

30 minutes in today and the market’s looking over it’s shoulder at early attempts at a rally.  Both TLT and VIX are red and at the bottom of the list..2 indications that the bulls may get their way, especially...

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Open Mind

We have not seen a closing 300-point Dow drop for quite a long time, and volatility seems to be returning to the market with ranked volatility on the rise.  The action was dismal from the start.  Today’s action...

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Beefed Up Gap

ETF Rewind Pro The newly introduced Gaps tab had already being beefed up!  See tonight’s excerpt from ETF Rewind Pro: “Speaking of which, by request, I have added a “Hold Until” feature to the Gap...

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Follow Through

The ETF Rewind gap tab forecasted today’s action perfectly.  Today’s gap was ranked Gap Up 5 with a 45% chance of filling and with today’s low right around Friday high.  Early on buyers worried about...

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05.31.11 – Gap Fading…

The mega opening gap is fading, but internals are still net strong and I’m not necessarily looking for a complete close. In fact, the odds are slightly against it. That said, VIX continues to be on the rise at the mid-day...

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SMH Leads Charge

In early going this morning SMH is on a tear but Volume BUZZ is muted throughout and the NYAD is clearly downslope so it’s anybody’s game at this point. TLT, GDX and VIX are all up…a bit of a conundrum but...

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