Markets were lower today as FaceBook dropped 26 % on weaker than expected Earnings. Most of the Leaders were back up in the Red Zones (probably too late to Buy for the Short term), so we were expecting a Wave 2 pull-back down to re-test last week's … [Read more...]

Markets were higher again today on continued Buying. No Sellers yet, but most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short term). The Volume is slowing down from lack of Buyers at this level. The stronger DOW 30 … [Read more...]

Markets were higher again today on mild Buying. The Volume is slowing down from lack of Buyers at this level. The stronger DOW 30 and S&P 500 Indices should have Resistance near the Red Lines (50-day avgs). The Techs are having some profit taking … [Read more...]

Markets were higher again today as Buyers came in to scoop up the over-sold Indices. The stronger DOW 30 and S&P 500 Indices have bounced up nicely off the Green Lines, as Investors made a decision to Buy over the weekend. This rally should have … [Read more...]

Markets were mostly higher today as the Indices are very over-sold for the Short Term The Indices are still battling near the Green Lines, but the Volume is drying up so maybe most of the Selling is over for a while. So far the S&P 500 has held … [Read more...]

Markets were mostly lower today after a rally this morning. The Indices are still battling near the Green Lines, but the Volume is drying up so maybe most of the Selling is over for a while. So far the S&P 500 is re-testing  Monday's Low and … [Read more...]

Markets shot up this morning, but then reversed back down after the FED finished their meeting. Now the S&P 500 is re-testing the Lows and needs to bounce at Monday's Low to be Bullish. Volume is lower, and so far most stocks are higher than … [Read more...]

Markets were mixed today after dumping down again this morning, but the Indices made Higher Lows than yesterday. That is normally Bullish, and we might be finished with the "Selling Climax" for a while. Normally the Indices that made fresh New … [Read more...]