I just created this 3 line break chart of the Nasdaq summation index on Stockcharts and thought I’d share as it challenges my bullish outlook. It also incorporates some of what I’m learning from the book “Sentiment Indicators”...
Read More…that showed up on my scans tonight. This morning’s sell-off was that opportunity to pick up some long etf’s, but the Fed meeting made it somewhat difficult to commit new money to the markets. I received this comment the other...
Read MoreWhen you view a chart in candlevolume view you can visually see how the volume blends in with the price action to tell a story. We had massive volume accumulation back at the end of August and today we closed right at that...
Read MoreAfter being very cautious Thursday night on “job number’s eve” I’m fully back in the bull camp. It took a seesaw session on Friday with stocks closing near their highs and a number of other indicators to sway me, but I really...
Read MoreThe refusal of this market is tiring me out and I’m not even short this market, I can only imagine how it must feel for those who are short or have been shorting this market for the last week or two. Max pain is going to occur...
Read MoreI like the strength both of these stocks displayed today. Born being a true breakout while DDS broke out of an area of congestion due to rising sales. You’ll need to view DDS on a longer term to see what I mean, but could be a...
Read MoreStill have no idea why the last 35 seconds was cut off from the video. Watch live streaming video from zentrader at livestream.com
Read MoreToday was the perfect couterpart to yesterday’s massive rally s my timing system got more bullish today even as the Nasdaq shed a few points. Sure the Nasdaq underperformed relative to the Dow, but that’s been the story for...
Read Moreclipped from www.ritholtz.com
Read MorePowerful day has me thinking we could go a lot higher, especially the $TSX. Not much time to do commentary and I hope my notes are sufficient. Keep your eyes on the 2 stocks below. They both should be considerable higher 3-4...
Read More
