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Today’s action continued a familiar pattern. The market showed real strength at the open, mostly on positive action in overseas markets, but couldn’t...
The rally attempt lasted only one day before the sell off resumed. The major averages gapped lower at the open and continued the selling until about...
For the first time since the sell off started at the beginning of the year the market staged a solid rally day. The major averages showed some early...
It was another ugly session today. The market opened a little higher on some strength in Europe, but peaked in the first fifteen minutes and it was...
The market tried to begin to stage the snap back rally we have been expecting today, but it was less than convincing. The major averages opened...
Overall it would have to be considered another disappointing session for the market. It looked pretty much like a repeat of Friday’s action with 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...
The market started out higher yesterday, but it didn’t last long. I said that we were due for a bounce after a week of declines. After a sell off the...
Things are getting really ugly. After the Chinese market hit it’s seven percent down limit in the first half hour and closed markets around the world...
It’s starting to look pretty ugly out there. The major averages again opened lower and were little changed for the rest of the session. A little late...
After yesterday’s sell off you would like to have seen the market rally back today. It didn’t happen. After trading around unchanged most of the...
The market did not get off to a good start in 2016. After a big decline overnight in China and increased tension between Saudi Arabia and Iran, the...
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...
2015 is finally over. It was a tough year for the markets and the last day of trading was no different. The major averages opened lower and it was...
The market sold off at the open today and continued lower most of the session. Late weakness saw all the major averages finish at their intraday...
The market had a strong up day all around today. The major averages opened higher and worked their way up the rest of the session, closing near their...
The market had a down session today. Shorty after the follow through of Dec. 16th there was distribution. Second day distribution after a follow...
IBD placed the market back to Uptrend Under Pressure. There were no surprises here; as distribution early after a follow-through day often leads to a...
The market pretty much reversed yesterday’s gains today. The major averages saw their intraday highs in the first five minutes of trading and it was...
In Pascals comments, he mentions many issues surrounding the recent rate hike. The attached article from John Mauldin suggests the gorilla in the...
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