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We are still waiting for a rally day to signify the beginning of a possible rally. On day 4 or later of that rally attempt we will look for a...
We have probably all figured out that a bunch of distribution over a short period is worse than the same number of distribution days spread out over...
I am still waiting for a FTD so had time to put some thoughts together... I track 14-day average true range on the NASDAQ. I modify ATR(14) to...
We had a follow-through day on the NASDAQ with the rally into the close. We finished up 1.3% on volume higher than the day before on day 10 of an...
The image below shows recent breakouts and how well they are working.
Breakouts are still performing with a note of caution. A couple of failures (BBBY is failing before the open this morning). If you are in the...
Yesterday the NASDAQ closed more than 0.2% below the 21-day ema and signaled an S5 sell signal bringing the exposure count down to +1 (30% invested)....
It looks like we had a FTD today. There are rare instances when the first day of a market advance (Rally Day) can occur prior to a buy switch being...
In mid May I posted analysis based on Didier Sornette's observation that markets undergoing super exponential growth cannot continue for long and...
Today TSLA IPO shares can be sold as the lockup period expires. This could cause some negative pressure on price. On another point I have noted...
IBD placed the market in correction after yesterday's sell off. The MEM had three sell signals: S4 additional full distribution count, S5 close below...
If the NASDAQ closes above 3694.19 IBD will likely turn the buy switch on. If so we will have an exposure count of +1 (30%). Volume is running 6% off...
9-19-2014 is beginning to look like a major top. If so the bull market lasted 5 1/2 years, about as long as they get. The small cap indexes...
IBD shows a return to confirmed rally this morning. Even though yesterday's price and volume action qualifies as a follow-through sized event, this...
I have uploaded watch lists. What is remarkable is that I am finding no real fresh candidates to add to the list. I expect that as we move through...
The market appears to remain directionless. In this kind of market the traders who are skilled in naked puts are making out well collecting put...
Watchlists were updated yesterday. The whipsaw action of last week was difficult. This is where longer term investing can shine however, you just sit...
Jerry said it all in his comments, we are all tired of this market and wish it would set up in a good trend. My hypothesis has been for quite a...
Watch lists are updated. The market is correcting in an oversold state; as such, it is difficult to generate a profitable scenario for mid-long-term...
I hope that the market will return to normal trading soon. I suspect that the FEDs plan to both reduce their balance sheet and raise interest rates...
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