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The market opened higher today in what looked like would be a weak bounce. It quickly rolled over and went into negative territory where it stayed...
Most corrections are contained by 8% down. This image from Ian Woodwards study of NASDAQ corrections points out that once 8% is broken (happened...
The market reacted to an election result that is almost certain to produce further gridlock by selling off hard. The major averages lost between 2%...
The market rallied today and for a while it looked like there might be an FTD. Volume was higher across the board, but the major averages did not...
The market was lower to unchanged most of the day before a late rally led to slight gains for the session. The major averages closed up fractionally...
The market started higher yesterday in a continuation of Thursday's advance. That quickly changed as the major averages reversed and sold off hard ,...
Today is day-4 count in an attempted rally on the NASDAQ. As long as Friday's low is not undercut on an intraday basis the rally attempt will remain...
The market was due for a bounce after recent weakness and we got a nice one today. The major averages were all up over one percent on the session and...
I hope everyone who was in the path of Sandy is ok and recovering well. The market reopened today after being closed for two days. The major averages...
My guess is that AAPL may be in trouble. AAPL has shown three consecutive quarters of decelerating earnings. AAPL hasn’t had a pocket pivot since...
The market started off with solid gains today but quickly lost them, in line with recent action. After spending much of the afternoon in negative...
The market tried to rally after yesterday's sell off but wasn't able to hold it. It bounced around before the Fed announcement and then was mostly...
The market's correction continued to deepen today as the major averages sold off again on disappointing earnings news. They sold off between .88% on...
The market opened lower and was down most of the day until a late rally took the major averages into slightly positive territory on the session....
The market got hit hard yesterday with the major averages down between 1.7% and 2.2% on the session with the COMPQ leading the way down. Volume...
The market had a disappointing day today. All the major averages were down with the COMPQ leading the way. It lost just over one percent and finished...
Today is shaping up as a distribution day, looking to bring us up to a full count of 6 distribution days and an S4 sell signal. Buy switch looks to...
Hello Mike, Do you think this can qualify as a cup with handle? Thanks very much. Adriano
The market opened lower after disappointing earnings reports from INTC and IBM. After a couple of good days it would not be unexpected for the major...
The market had a second day of positive action today as the major averages rising just over 1% on the session. They rallied into the close to finish...
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