Another historic day to cap off another historic week. The last time we declined 8 days in a row were the days following Sept. 11, 2001. The DJIA (INDEX: $DJIA) lost 18.2% this week. The DJIA had a...
Today is one of my favorite days, not because it’s the end of the worst week in market history, but because the end-of-day rally created so many trading opportunities for next week (yes, can you...
There were 22 new highs and 4,340 new lows made. We had no breakouts and we had hundreds of breakdowns. If this keeps up, I’m going to have to change the title of my articles to ‘Today’s...
Cunard Lines used to entice jet-setters aboard its passenger ships with the tagline "Getting there is half the fun." That line might work for travelers, but it certainly won't for oil...
Per reader request, a chart of the VIX ($VIX) November futures (X8), courtesy of Futuresource.com:
click chart to enlarge www.vixandmore.blogspot.com
Last week was one of the wildest witnessed in the stock markets in modern history. On Monday September 29th stocks started plunging immediately after the US House of Representatives voted down the...
One year ago, in “From Overripe to Vulnerable?” I introduced something I called the OHFdex or listing of Overripe High Fliers, along with 14 CandleGlance charts from StockCharts.com for the...
I want to believe in a bounce as much as anyone, but right now the adjusted tick and advance-decline lines remain negatively sloped and price is below the declining daily VWAP just above S1 (SPY...
It seems the market is getting ready to either:
a) Complete this capitulation and reverse upwards very hard, or
b) Drop to zero and close its doors for good.At this point I wouldn't rule...
A little history for the uninitiated. About six months ago we launched a new trading strategy YK that was a radical departure from our original MarketSci strategies. YK is adaptive, meaning it was...
