Bears Return to Push Prior Trading Ranges
The market settled in a sea of red on Thursday following disappointing economic news and the continued fallout over negotiations […]
The market settled in a sea of red on Thursday following disappointing economic news and the continued fallout over negotiations […]
12:35pm (EST) Special Notice: If you haven’t logged into our Members Area to look at the charts from the weekend,
1:15pm (EST) The bulls needed a goldilocks Nonfarm Payrolls number this morning to break through resistance while the bears needed
9:00am (EST) The market ended flat on Thursday in a choppy session that looked bullish and bearish at times. Wall
9:00am (EST) We mentioned Big Ben could be the wild card in the Fed’s final decision to taper or not
12:05pm (EST) It is always the darkest before dawn and when we hit the rack last night after finishing the
1:00pm (EST) The bulls are making a slight push to higher ground following Friday’s monster gains as we head into
11:50am (EST) Shoppers were out on Black Friday as the National Retail Federation reported total spending for the holiday period
9:00am(EST) The bulls got their second Monday win albeit by the slimmest of margins to keep the current uptrend intact.
9:00am (EST) The bulls returned to form on Tuesday following Monday’s mixed session as they continued their push towards 52-week,
12:45pm (EST) The Head Zombie is preaching about the high quality, affordable insurance that is being provided by the Affordable
12:00pm (EST) (EST) The bulls pushed resistance and the top of the trading ranges after the open this morning but
12:10pm (EST) The market has traded in a tight range following yesterday’s breakout to new all-time highs as the bulls
1:05pm (EST) The charts we drew up over the weekend were showing one last possible push to the upper channels.
1:05pm (EST) Futures were slightly weak as we hit the rack last night ahead of the European open suggesting a
1:30pm (EST) The bulls had a number of headwinds facing them ahead of the open this morning but have brushed
12:45pm (EST) The market is trending lower ahead of today’s FOMC Minutes that are scheduled to be released at 2pm
1:05pm (EST) The bulls are trying to recover from last week’s losses but have struggled gaining ground as we head
9:00am (EST) Special Notice: Subscribers, please study this week’s charts and pay attention to all of the clues the market
12:30pm (EST) This morning’s unemployment figures were a little disappointing for Wall Street as most of the slick-talking pros had
9:00am (EST) The bulls made another attempt at fresh all-time closing highs but struggled to hold onto their gains as
12:25pm (EST) The bulls have pushed new high on the Dow and Nasdaq but are still having trouble with resistance
12:00pm (EST) Futures were pointing towards a slightly higher open throughout the night after China’s GDP (Gross Domestic Product) met
9:00am (EST) The bulls came into July stuck in a trading range but have won back-to-back weeks while Wall Street
9:00am (EST) The FOMC meeting minutes showed some of the zombies agree on tapering sooner rather than later and most
12:45pm (EST) The market is pushing the next wave of major resistance ahead of tomorrow’s Fed minutes and the devil
12:25pm (EST) Futures were positive throughout the night as we stayed up late to watch the European markets open and
1:30pm (EST) Futures were pointing towards a higher open on Wall Street this morning as the bulls got a bevy
11:50am (EST) The bulls are looking for their third-straight win today, a feat that hasn’t been accomplished since late April
12:10pm (EST) Futures were pointing towards a nasty open on Wall Street this morning when we were doing our late
12:15pm (EST) Futures were flat as a pancake when we were doing our late night homework while watching the overseas
11:55am (EST) The bears are going for their third-straight session win and are a half away from recording their first
12:20pm (EST) Today’s economic news has come in weaker-than-expected which held the bulls back for much of the first half
9:00am (EST) The bulls set a nice trap on Wednesday as they suckered the bears into a back draft before
11:35am (EST) Futures were showing a decent open on Wall Street throughout the night and got a huge lift this
12:40pm (EST) The bulls are pushing all-time highs ahead of tomorrow’s GDP (Gross Domestic Product) report and all signs are
12:30pm (EST) The market is pulling back following Tuesday’s blast to all-time highs as the bears look to break support
12:30pm (EST) The market was in a downtrend to start today’s session but starting to bottom an hour into the
9:00am (EST) The bulls were able to snap a 3-sesion skid following an opening bounce and more reassurance from Uncle
2:00pm (EST) The bears tried to ambush the bulls at the open on renewed worries over Cyprus which is trying
9:00am (EST) The bulls controlled much of Wednesday’s action before a late day fade gave the victory to the bears.
12:05pm (EST) We love Christmas time as it is our favorite holiday of the year. It is nice to receive
9:00am (EST) It was another day of flat action and Fiscal Cliff talk as the bulls and bears traded light
1:00pm (EST) Following the flat action from last week and for the month of November, it is no surprise today’s
9:00am (EST) The bears got a solid win on Tuesday as they were able to breech a couple areas of
12:30pm (EST) We were slightly skeptical of the pop above the 200-Day Moving Averages on Friday and said it would
9:00am(EST) “We said last week there was a good chance the mini trading range the market had been in was
9:00am (EST) The bulls made a valiant attempt to get back to even in the last 15 minutes of trading
12:30pm (EST) The market has traded on both sides of the ledger following yesterday’s losses but the range has been
12:15pm (EST) The bulls are having a super day as they have managed to clear resistance following better-than-expected economic news
1:15pm (EST) Trading is set to resume on Wall Street for Wednesday and it will be a busy 3 days.
12:10pm(EST) Futures were showing a higher open throughout the night as they were up ahead of the European open and
12:35pm (EST) The market is treading water today following comments from the International Monetary Fund (IMF) after they cut their
12:00pm (EST) On a number that will be debated all weekend, the unemployment rate fell to 7.8% for September, down
1:50pm (EST) Futures were slightly lower when we were doing the Weekly Wrap last night but had battled their way
12:45pm (EST) The market got a nice pop at the open dispite mixed economic news as the bulls look to
12:25pm (EST) The bulls got off to a decent start and have gathered some momentum following the better-than-expected economic news
9:00am (EST) The bulls finally got back into the win column following Wednesday’s push but there are a few economic
12:55pm (EST) The bulls were pushing the market higher into today’s FOMC Rate Decision which just hit the Street and
9:00am (EST) “We factored in a possible 1%-2% move for the market on Friday based on what Bernanke did or
1:00pm (EST) Overseas markets were erratic as they bounced between positive and negative territory ahead of the European Central Bank’s
1:05pm (EST) Shares of FedEx (FDX, $86.49, down $1.05) are trading lower today after the company warned after the bell
12:40pm (EST) The bulls struggled out of the gate as they tried to push their gains from Friday but weaker-than-expected
1:50pm (EST) The bulls were anticipating some good news today ahead of Ben Bernanke’s big speech this morning as futures
12:30pm (EST) It’s rare we hear politicians say they have a “heavy workload” but that is the excuse European Central
1:05pm (EST) The Dow is trading lower for the fourth-straight day following comments this morning from one of the Fed’s
1:00pm (EST) The bears are continuing their attack on the bulls as they try to pin the market under support
9:00am (EST) After a slow start, the bulls got it in gear an hour into Thursday’s session to start a
1:30pm (EST) It has been a week of market moving headlines and this morning was no different following the release
12:25pm (EST) Today has been a busy for economic news with the FOMC Rate Decision at 2:15pm being the highlight
1:10pm (EST) The market got a huge bounce this morning after ECB (European Central Bank) President, Mario Draghi, vowed to
9:00am (EST) The market ended slightly mixed on Wednesday as rumors of the Federal Reserve acting sooner, rather than later,
1:50pm (EST) Uncle Ben looks a little nervous today which is not helping the bulls. The market got a nice
9:00am (EST) The bears won their sixth-straight Monday as the market fell slightly following Friday’s huge pop. We mentioned before
12:50pm (EST) The market has traded in negative territory for much of today’s session although the bulls are trying to
12:55pm (EST) Futures were down when we started researching the overseas news last night and got progressively worse before the
9:00am (EST) The was market tension ahead of yesterday’s Federal Open Market Committee (FOMC) Minutes as the major indexes traded
1:30pm (EST) Wall Street futures were up a smidge as we headed to bed last night but the overseas markets
12:30pm (EST) The bulls got off to a good start and stretched short-term resistance but the bears lassoed them in
9:00am (EST) “We often say markets can become overbought or oversold and that support and resistance can get stretched. While
12:20pm (EST) Market breakouts and breakdowns are hard to call when an index or a stock are stuck in a
9:00am (EST) The bears controlled much of Thursday’s session despite the bullishness in the air as they held resistance ahead
12:30pm (EST) There was a flood of economic data and European news before the bell which led to a lower
12:45pm (EST) Futures were slightly down for much of last night and the headlines from overseas were relatively quiet but
9:00am (EST) “Although the indexes are still in a “trading range”, Thursday’s 2+% pullback was a wakeup call for the
9:00am (EST) The bulls made a nice recovery off Thursday’s lows as they made a late charge in the final
2:10pm (EST) We have been warning of a possible selloff or a test to new lows and today’s action could
12:25pm (EST) The market got a little pop at the open as the bulls tried to reclaim support but the
12:50pm (EST) Futures were up last night ahead of the European open and held up for Wall Street despite some
1:00pm (EST) The market has traded in a tighter range today, surprisingly, with the action favoring the bears. Futures were
1:05pm (EST) The market has been a little choppy today but unlike yesterday, the bulls are doing a better job
12:45pm (EST) The bulls and bears seem tentative to place big bets ahead of this week’s fireworks which could go
1:35pm (EST) Futures were slightly lower when the overseas markets opened and we mentioned yesterday we had a nervous feeling
1:00pm (EST) All signs were pointing towards a higher open for Wall Street and the bulls this morning but disappointing
9:00am (EST) Thursday’s action on Wall Street favored the bears ahead of this morning’s Nonfarm Payrolls report. The Dow dropped
2:00pm (EST) The market is mixed as we head into the final few hours of trading. The bears got a
12:40pm (EST) We stayed up late last night to watch the European open after finishing up our chart work. All
2:00pm (EST) Futures can cause some sleepless nights which is one reason we don’t trade them because we would never
1:30pm (EST) The market is mixed as we head into the second half of trading as the blue-chips are up