Author: Michael Kahn

The stock market was quite set up for a fall when late in the afternoon the patriots tossed the bears into Boston Harbor. Bear Market protest? Sympathy with the tea-throwers?The bottom line is that the evening star pattern...

Title courtesy of Elton John.I’ll offer this chart with four words – evening star candle pattern.You won’t see this on the ETFs as they gapped up Thursday but there are too many chickens coming home to roost....

Invoking Muhammad Ali and the Thrilla in Manila, the churn before the turn means something any budding technician has heard before – volume precedes price.Volume market-wide surged going into the March low – churn...

I am back from a few days with the family in Boston and still enjoying the memory of Herrill’s malted vanilla ice cream. Brings me back to college days.It is Sunday night and while I hinted I’d be blogging today I...

Yes, this was the original title for today’s column before the editors got to it.It was a very tough column to write, not because of the analysis or the market but because I find myself writing the same things all week....

Here is an excerpt from Tuesday’s Quick Takes Pro. Yes, I lapse into pop culture – a lot. But the relevance to the market is real.What is going to happen when – or we’ll concede to if – the market...

In today’s column, I talked about a colleague’s take on offense vs. defense. When the defensive stuff like health care and staples outperform chances are the market is feeling a little ill. Conversely, when the...

I was going to post a follow up to yesterday’s column (where I said the evidence was not yet decisive one way or the other) but am waiting for the close today. Will it stick or accelerate into the close? or will it reverse...

Who hasn’t trotted out that old TV catch phrase?Thursday, the market fell hard on light volume. Today is it rallying rather well on even worse volume. You tell me if this is good enough data to analyze or is it GIGO...

Today’s column was very difficult to write and my Editors jumped on my “on the other hand” tone. One asked me to take one side or the other, which I found very unnerving. The evidence did not support taking one...