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If you are a Wayne and Garth fan, you know what the title means.
I took a look at the leading sectors in the market today (Wednesday) and just scrolled through their charts.... read more »
A lot can happen to the financial markets in the course of the next day or so and by my unofficial reckoning, quite a few of those are not just scary, but could have a 2008 flavor to them.... read more »
On November 9th, I wrote this: “Take away all the noise. Take away the resignations in Europe. Take away the TARP. Take away the printing of money. Take everything away. The most important thing I... read more »
The market finally showed its hand this past week, and it was not a pretty sight. The triangle pattern has resolved itself to the downside. Anything is possible, especially with the seasonal strength... read more »
Is it possible that commentators have underestimated Warren Buffett’s flexibility? Indeed, the Oracle of Omaha is best known for buying the cheapest names on “boring” brand name... read more »
What happened to the high likelihood of a double-dip recession? It seems to have faded from bearish commentary. What happened to the notion that European policymakers would fail to agree on a plan... read more »
On October 4th, the markets were heading into new low ground as the call for a bear market pervaded the air. At 3:15, the market reversed and had a monstrous move into the close. This was a washout... read more »
This past Tuesday, while major indices were breaking down out of a very bearish pattern, I wrote to you that I thought we were in for an imminent bounce. I thought that bearish sentiment was hitting... read more »
The charts are giving warnings in Apple (AAPL). We'll get to that in a minute.
First: The story behind the charts.Apple has been a spectacular performer over the past two years, rising... read more »
As shown in the chart below, the Dow was having a rough day on August 9 as it waited for the Fed’s statement to be released. After digesting the pledge to keep interest rates low “at least... read more »
