Stock Market Bears Let It Slip Away…..Again…For Now….Stock-Markets / Stock Markets 2014Apr 10, 2014 – 09:42 AM GMTBy: Jack_Steiman
It’s the same old story folks. The bears bring the market indexes down to critical support zones. All they need is a gap down. Just one nasty gap down to put the final nail in the coffin. You can […]
Stock Market Quiet Day…..Stock-Markets / Stock Markets 2014Mar 06, 2014 – 10:22 AM GMTBy: Jack_Steiman
The bulls will take a quiet day after yesterday’s big move up. There were some bad economic reports this morning, especially on the services side of the economy, barely holding above the flat line that separates growth and recession. The market is just […]
Russia Stock Market Excuse To Sell…..Stock-Markets / Stock Markets 2014Mar 04, 2014 – 10:20 AM GMTBy: Jack_Steiman
Mr. Putin has taken some aggressive action moving into the Ukraine. It seems highly unlikely he’ll do too much since he’s getting tremendous political global pressure. But the very fact that he’s taken action is a built in excuse for the […]
Stock Market Strike Three-You’re Out!……Well, Maybe……Stock-Markets / Stock Markets 2014Feb 27, 2014 – 12:08 PM GMTBy: Jack_Steiman
Three consecutive days have come and gone, with each day testing above 1850 on the S&P 500 intraday. Each day the S&P 500 failed to complete the breakout. Normally, when a key index fails for three straight days the bulls give […]
Stock Market Daily Charts Are Fine…Weekly Charts Are Not…..Implications?Stock-Markets / Stock Markets 2014Feb 22, 2014 – 03:32 PM GMTBy: Jack_Steiman
The weekly charts are all wrong. The MACD negative divergences, along with negative divergences on the stochastic’s, RSI’s and histograms make for a very ugly picture. Then there’s the daily charts. Nothing really bad there. Nice looking MACD’s. […]
Stock Market Moving Vertically……Stock-Markets / Stock Markets 2014Feb 15, 2014 – 07:13 PM GMTBy: Jack_Steiman
So what more can I really add. I can stop this letter right here by simply stating we’re in a bull market that still has concerns with regards to sentiment to some degree. Not as bad as one month ago, but still concerns. […]
Stock Market Showing Strength….Spread Lower Still…Stock-Markets / Stock Markets 2014Feb 13, 2014 – 09:20 AM GMTBy: Jack_Steiman
It is so interesting to watch how rapidly something can happen within the machine known as the stock market. It wasn’t very long ago that the bull-bear spread was 46%. Bulls themselves we’re at 61%, an incredibly high number. This morning, […]
Stock Market Waiting on Yellen….Stock-Markets / Stock Markets 2014Feb 11, 2014 – 09:55 AM GMTBy: Jack_Steiman
The market is sitting pretty much on the 50-day exponential moving average on the S&P 500. It will be very important for the short-term to see if we can break back above, or whether these 50’s cause the next move lower. The […]
Stock Market Back Testing…Now What….Stock-Markets / Stock Markets 2014Feb 09, 2014 – 10:21 AM GMTBy: Jack_Steiman
The market fell quite a bit from the first day of January and kept going pretty much until midweek this week. The market oscillators got very compressed lower, while the Dow was testing its 200-day exponential moving average. It told me that […]
Stock Market Down for 1st Trading Day of January in 6 Years – Getting Tougher…Stock-Markets / Stock Markets 2014Jan 04, 2014 – 12:00 AM GMTBy: Sy_Harding
The bulls had a rare experience this week. The market was actually down on the first day of the new year. Something that hadn’t happened in six years. They also had to […]
