he weekly chart of the Nasdaq Composite below shows the tight closing action over the past few weeks.
We are not ready to call a bottom in the market but Thursday's action was a good start. Our timing…
he good news about the current state of the broad market is that the benchmark S&P 500 Index is now…
A stalled breakout attempt in Merrill Lynch Semiconductors HOLDRS ETF ($SMH) led to a close in the bottom 20% of…
Volume confirmed yesterday's price action, as turnover increased on both exchanges. NYSE volume was less than 1% higher, but Nasdaq…
Of all the technical indicators at our disposal, volume (and obviously price) is the most important indicator to follow. When…
After finding support around $23, Claymore/MAC Global Solar Index ($TAN) continues to push higher above the rising 10-day MA. The…
ur ETF scans have not produced much in the way of actionable setups as of late, with most markets still…
Bonds have been taking a beating the past few weeks, as evidenced by the sharp reversal in $TLT off the…
market timing model: Buy - Signal generated on the close of April 30 We are now in confirmed buy mode,…