Markets were up again today as the Strongest Leaders are "melting up" on continued Buying. Momentum traders are rotating into the fewer stocks, and the list is becoming very narrow. The S&P 500 is now over-bought (Top Bollinger … [Read more...]

  Markets were up slightly today on follow through Break Out Buying by the S&P 500. Usually when this rally stalls out, the S&P 500 will fade back down to Test the 2872 Break Out level.  It would be "Bullish" to Hold and Bounce near … [Read more...]

  Markets "Gapped Up' on Good News and Break Out buying as the S&P 500, NASDAQ, and Small Cap Indices made New Highs again today on lower Volume.  Very few individual stocks are making New Highs. The DOW Transport Index made new … [Read more...]

  Markets were higher today as the S&P 500, NASDAQ, and Small Cap Indices made New Highs on lower Volume. So far the Break Outs have  not decisively pushed up thru the January Highs. Very few individual stocks are making New Highs. … [Read more...]

  More summer doldrums.  Markets were mixed again today as the S&P 500 has stalled up near the January Highs, which is normal. Failing to make New Highs soon would be not be "Bullish". The DOW Transport Index made new Highs, but the … [Read more...]