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Current Outlook
Uptrend Under Pressure
Distribution Days
3 for the NASDAQ and NYSE Composite and 1 for the S&P500
Bottom Line
For the second straight day, the market suffered losses in rising volume — a sign that institutional investors are trimming...
Current Outlook
Market in Confirmed Uptrend
Distribution Days
2 for NASDAQ, NYSE Composite and S&P 500
Bottom Line:
According to the Investors Business Daily, stocks took a beating Wednesday, falling by the largest amount in nearly two months.
The...
Current Outlook
Market in Confirmed Uptrend
Bottom Line
Indeed, the market has been showing strength lately on a number of fronts. Given those facts and the NASDAQ making a new high on Friday December 3rd, the market has resumed its uptrend, even if the...
Current Outlook
Market in Correction, but showing some positive signes
Bottom Line
According to the Investors Business Daily, stocks charged ahead Wednesday as economic data from China and the U.S. encouraged bulls. The Dow and NYSE composite led with...
Current Outlook
Market remains in “Market in Correction” since its Final Distribution Day back on November 16th.
Bottom Line
Stocks slouched lower Friday in the traditional post-Thanksgiving half-day session. The Nasdaq fell 0.3%, the S&P...