Watch-Lists

Futures are hovering around the flat line this morning after regaining some ground as a result of better than anticipated Mortgage application activity. Although I don’t put a lot of weight on these numbers, because of the implied volatility and inhertent inconsistencies, there does seem to be an underlying firmness to mortgage refinancing and buying in the

Markets are in rally mode heading into the open. Asian markets saw modest gains (roughly 1%) while European markets are flat. So far the Dow is up 59, the S&P up 8, and the NASDAQ up 12. We’ll see if that holds at 8:30 when the Jobless Claims report comes out and then at 10am

So where do we go today? Does the bears add to the pain the bulls are currently experiencing, or do the bulls use this as a buying opportunity to buy some stocks on the cheap (relative term at this point). Ultimately, we are going to be heading lower, whether that means today or not I

Let’s roll in September – traditionally the worst month for stocks, and it just so happens that the markets are extremely overbought and starting to show signs of weakening. Asian markets finished in the green today about a half percent while the European markets are dropping over 1% on average. In the futures we are

Futures are showing significant weakness heading into the open. The market will be sifting through a ton of reports this week, but today there is only the Chicago PMI report. I ran my screens last night and interestingly enough there were only 2 stocks for my long setups (combined) and only one that I felt I

End of Month Window Dressing I guess is the theme today for the bulls. Futures are up: NASDAQ up about 7 points, and the S&P up 5. Asian Markets were mixed while the European markets are up over 1%. The market will be reacting to the Personal Income/Outlays report due at 8:30am EST and then

The bulls are finally showing some indecision about where they want this market to go. It doesn’t mean that the current run is over (hopefully it is), but it does mean that the bulls are thinking twice about how much more capital they want to commit to this market, and how much longer they want

Once again markets are trading flat a few hours out from the opening bell. The market continues to draw in those who think they are missing the “big move”, so what you are seeing is the dumb money entering the market, and when that happens, the sell-off is imminent.

Nothing major to report overnight, overseas markets were flat-to-modestly down, so nothing major going on there. US markets are also looking flat, with a slight bullish bias, but no assurance that it can hold. While yesterday was good to see from my bearish perspective, an intra-day reversal, wiping out the morning gains, I wouldn’t be

Four days in positive territory, and the bulls are making a run in the early going at making it a fifth. Overseas markets were up strong after the performance the U.S. markets had on Friday (due mainly to the positive sentiment Bernanke has on a U.S. recovery). So in a nutshell, the U.S. is following