Short-term Breadth Update
In case you were purposefully not watching the market today... there was a bit of a train wreck. Looking at the futures after hours and seeing the continuation of downside…
VWAPs Of Index ETFs
The Volume Weighted Average Price (VWAP) is just an indicator, nothing more. It's not a holy grail, it's not a signal to buy/sell, it's imply the average price over a…
Telling Tech
The Nasdaq, Naz, tech, the Q's, whatever you want to call it has been the leader off the March lows and has also been leading this move lower. It was…
Was this the test?
OK, we had the test and the grades are in; the support levels passed. The good news is that there is a lot of bad news, both earnings forecasts and…
Large Moves Today, Can They Hold?
Whoa Nelly! Out of the last 4 weeks of trading there have only been two days that the Dow hasn’t had a triple digit move up or down. I expected…