Markets were lower again today as yesterday's bounce up off the Pink Lines (10-day avgs.) was weak and more Selling came in. This created a Short Term Sell Signal. Many stocks were down today, but the Selling was not heavy Many Leaders are quickly … [Read more...]

Markets were mostly lower today as the Indices went down to the Pink Lines (10-day avgs.) and bounced. Closing below the Pink Lines would normally create a Short Term Sell Signal. Many stocks were down today. More talk about when the FED will … [Read more...]

Markets were slightly higher today on low Volume Buying. The NASDAQ 100 Index was able to make New Highs on Big Tech Buying. Currently the 10 largest Stocks in the NASDAQ 100 account for 54% of the total Value of the Index (not just 10 %).  This is … [Read more...]

Markets were slightly lower today on light profit taking. Consumer Prices rose at a 5.4% annual rate, but the Markets were convinced that Inflation is temporary. Quarterly Earnings are starting to come out. The NASDAQ 100 Index was able to make New … [Read more...]

Markets were slightly higher today on slow Buying. More New Highs again on 3 major Indices but the number of New Highs on Stocks was small. The Small Cap Index is struggling to get above the 50-day average.  The Indices are stretched Way Above the … [Read more...]

Markets were higher today as the Indices were able to go above Wednesday's High. Even the DOW 30 Index was able to make a New High, but the Small Cap Index is struggling to get above the 50-day average. Volume was low and the weaker Buying is keeping … [Read more...]

Markets were lower today as profit taking came in. The Indices are stretched Way Above the Green Lines and very over-bought for the Short Term. The Indices are being held up with massive Buying of the very largest Companies. You can see from the … [Read more...]