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2nd Selloff Moves Stock Market to Uptrend Under Pressure

2nd Selloff Moves Stock Market to Uptrend Under Pressure

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...
Warning: Nasdaq Slides 1.5% In Heavier Volume

Warning: Nasdaq Slides 1.5% In Heavier Volume

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...
Market Moves Back to Confirmed Uptrend, but Show Caution!

Market Moves Back to Confirmed Uptrend, but Show Caution!

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...
Great Day, but Volume Creates Smoke Screen

Great Day, but Volume Creates Smoke Screen

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...
Stocks Lower in Sleepy Holiday Trade

Stocks Lower in Sleepy Holiday Trade

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...
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