The Rally That Isn’t?
Just a quick post to share something that's been puzzling me. I'm not a point and figure user but I do look at the Bullish Percent Index (BPI) charts from…
Askew Me!
September ends tomorrow (actually the opening print Friday of the SPX settlement price) for me. I can't trade/adjust/balance/ my position beyond the close tomorrow. The $SPX, $COMPQ, $RUTX and other…
Market Breadth Update
June option expiration has come and gone and the markets have held their own as each of the major indices stayed above the 200 SMA. The biggest gainers for the…
Market Breadth Update
Quite a week as both the $SPX and $INDU broke through their 50-week simple moving averages. Breadth (percentage of stocks above 200 SMA) took one on the chin in every…
Market Breadth Update
May is done as we start a holiday shortened week in which we are still stuck in a range. So much going on in the world and here in the…
Market Breadth Update
In case you were out last week and haven't read a single thing or turned on your TV, the markets broke down last week. The $SPX and $INDU closed under…