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Author: Tom Busby

Today’s Market Reactions!

The overall broad-based market indices are taking another big hit today with global equity markets still concerned over the EuroZone debt situation.  Futures were lower overnight as stocks in Europe and Asia sold off. ...

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Market Commentary 05192010

Today we closed below the yearly open of 1113.75 on the SP.  This is important to note because it could provide a sense of direction going into the end of the month and into the end of the quarter.  We closed at 1110...

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New Highs or Retest Lower?

As the market rally continues to grind higher and push past potential resistance, the old highs at 1147 are now in sight.  Recall that the hourly trading range that formed in January was between 1147 and 1125.  Once...

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Why Today is a Revealing Day!

Wednesday Update Today should be a revealing day of trading.  The markets have had an extended run to the upside after breaking out of the consolidation early last week.  Monday the ESH10 opened the day session at...

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What is it About Monday?

We wanted to shares some statistics on recent market activity that we find truly amazing.  Long term StockYard subscribers will recall how we have discussed for over a year the tendency for the equity markets to have...

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