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What a crapshoot this market has been lately. This type of uncertainty and wild swings is indicative of the record high volatility in the market right now. The average investor,…
What a crapshoot this market has been lately. This type of uncertainty and wild swings is indicative of the record high volatility in the market right now. The average investor,…
The question on every trader’s mind right now is if we will test the lows from a few weeks ago. I’d be more worried about whether or not the indices…
The 13 EMA on the broader index ($SPY) is still a road block for the bull’s journey higher. September 19 was the last time the SPYders were above the 13…
A nice start to the week for the bulls as the major indices all locked in some decent gains with the broader market ($SPY) gaining nearly 5%. However, I would…
Despite last week’s overall gains, it sure didn’t feel like a bullish week in the markets. The Dow gained 4.7%, the Nasdaq gained 3.7 and the S&P 500 gained 4.6%.…
Perhaps the best advice for times like we are currently in come from the "Oracle of Omaha." "You know, I always say you should get greedy when others are fearful…
What we saw today in the last hour or so of trading is an example of a short cover rally. As soon as the S&P broke the morning highs, the…
Looks as though the bears won out on the argument of the recent market action as the major indices suffered their worst loss since the crash of 1987. Seems to…
With all that’s been going on in the credit markets lately it seems that oil gets a sound bite here and there and not much more. Oil ($USO) has sold…
The bulls will argue that of the record gains yesterday, today’s lower close is just a rest stop before another surge higher. Take a look at the breadth chart below…