06/08/2016 Daily Commentary: The Volatility Index VIX was up today, maybe signaling that Smart Money is Buying VIX for a pull-back in the Markets. Markets were up today, but they are very over-bought on the short term. The S&P 500 was able … [Read more...]
Tuesday Jun 7, 2016
06/07/2016 Daily Commentary: Not much change today, as the Markets popped up more today, but closed weak. The bounce up at the Red Line (50-day avg.) from two weeks ago might be over. The S&P 500 was able to go slightly above the April Highs, … [Read more...]
Monday Jun 6, 2016
06/06/2016 Daily Commentary: Markets popped up more today, continuing the bounce up at the Red Line (50-day avg.) from two weeks ago. The S&P 500 was able to go slightly above the April Highs, but other Indices are lagging, and the Volume is … [Read more...]
Saturday Jun 4, 2016
06/03/2016 Weekly Commentary: Markets were mixed for the week, as the Indices struggled near the April high resistance. On Friday, Markets dropped down to the Pink Lines (10-day avgs) on bad news, but were able to bounce back up. The S&P 500 … [Read more...]
Thursday Jun 2, 2016
06/02/2016 Daily Commentary: Markets edged higher today, as the S&P 500 creeps back up to the April high of 2111. The S&P 500 needs to exceed the April Highs soon, or this could be a big 'Double Top'. The rally since the May 19th low appears … [Read more...]
