Author: Michael Kudrna

Requested Chart Analysis for Expo Holdings (EXPH). Expo Holdings (EXPH) A/D line: Bearish ADX line: Bearish MACD: Bearish CMF (21): Bearish OBV: Confirmed all moves in the PPS, normal RSI: Bearish trend not yet reaching oversold...

Requested Chart Analysis for Cost Plus, Inc. (CPWM). Cost Plus, Inc. (CPWM) A/D line: Strong uptrend since early August ADX line: Buy signal on Sept 1st but trend is not strong MACD: Bullish but starting to level off and...

Requested Chart Analysis for Borders (BGP). Borders Group (BGP) A/D line: Negative but slight increase lately ADX line: Bearish but weak trend MACD: Mostly flat CMF (21): slightly negative OBV: Confirmed all moves in the PPS,...

Monday saw another gap-up followed by dip-buyers showing up to lead us toward a strong close.  Volume was decent for this seasonal slow time with this making four straight positive closes in the S&P 500 and eight out of...

The Labor Department reported Thursday morning that new claims for unemployment dropped a seasonally adjusted 27,000 to 451,000.  Unexpected bullish news, right?  The markets immediately gapped-up on this information...

The simple answer is yes and that is one major reason why I am not gambling on the news tomorrow.  Technical analysis helps identify trends to help guide investment decisions but, TA should never be the sole tool used in...

The bulls were looking for a reason to buy at these low levels and today provided that oversold opportunity.  China PMI came in slightly better than expected and that was a big relief to most concerned over the continuous...

While the bears didn’t gain any ground today, the bulls couldn’t get anything going either.  With consumer confidence coming in slightly better than expected (yet not a strong number), the bulls tried to make a...

If I said today was a terrible day in the markets that would be a clear understatement.  Even with almost everyone knowing that housing numbers would be well below expectations, it still seemed to come as a surprise as the...