Stocks Rip on Higher Volume; Is it This Time
The Dow Jones Industrial Average and S&P 500 follow-through, but significant challenges remain.
The market staged an excellent rally on Tuesday with the Major Indexes up more than 10% and volume was higher than the previous day. Stocks rallied due to the hope that a FOMC rate cut will generate enough leverage to pull this economy […]
What’s Next; Positioning Myself for Continued Cash Portfolio
Monday’s last 10 minute breakdown showed stocks are still decisively negative. The trend is clearly down or the path of least resistance is down. Whatever the reason for the breakdown, it happened and it happened very fast. At any rate, the sell off was a clear indication stocks have a lot of overhead resistance to […]
Stop Calling for a Bottom
A watched pot never boils.
Stock Market Pundits continue to make “bottom calls” and continue to be DEAD wrong. The constant watch for a “bottom” will prolong the time table for our stock market bottom. While the USA will surely suffer more losses, but what will be devistating is the fall of exports coming out of […]
This Market is Toxic
Just stay away from this market, it is sick. We are not even close to having anything of substance to grab any sort of huge winners. More to come this weekend, but there is only so many ways I can say Cash is King.
Tread Carefully.
MS
Volume Rises for the Second Straight Day as Stocks Fall Further
For the second straight day stocks end in the red on higher volume. Back to back distribution days spell trouble for this market. Last Thursday’s Follow-Through day was weak at best, failing to close at the rally’s high and lack of new leadership was the key in spotting this faulty follow-through. This market is not […]
Stocks Finish on the Highs of the Day but Volume Lacks
There are two aspects of the market that I pay very close attention to: Price and Volume. Both tell a story and both are very important to this speculator. Today’s market certainly saw a bullish move, finishing off the day on its highs. However, a sign of misfortune for the market was the inability for […]
Stocks Get Follow-Through but End the Week Sluggish
Thursday marked Day 5 for the NASDAQ’s attempted rally, it finished with a follow-through day. There is much excitement that came with Thursday as news out of Omaha citing Buffet was buying American stocks that morning. For all the excitement the market only saw 8 new highs; not exactly the type of strength you need […]
Stocks Are Showing Their True Colors
Cash continues to be King
I can not imagine what it would be like if I bought after Monday’s market session. However, I know stock market history and during bear markets you will see the largest percentage gains. January 3, 2001 the NASDAQ gained 14.17% and 3 months later the market was down more than 30%. […]



