Market Analysis

This action in the market today is eerily similar to what we saw back in March. It is as if the market is trying to spook the longs out of their positions, clean out the weak hands, and then ramp higher yet again.   Notice the similarity so far from the action in March compared

This action in the market today is eerily similar to what we saw back in March. It is as if the market is trying to spook the longs out of their positions, clean out the weak hands, and then ramp higher yet again.   Notice the similarity so far from the action in March compared

Something I noticed in the VIX yesterday after it spiked up in the morning hours only to pullback sharply by the end of the day, that it demonstrated something that we’ve seen four prior times in 2013 that has led to significant moves higher in the SPX.  That shooting star candle on the VIX (CBOE

Needs to break through the 200-day moving average or things could get messy… Quick Glance at the Market Heat Map and Industries  Notables: Banks – were miserable for a third straight day.  Services reversed yesterday’s slight strength into the market’s main loser today.  Materials stayed afloat, and utilities stopped their bleeding as well.  Be sure

The SharePlanner Reveral Indicator is showing its ugly side.  The question then becomes, will the Fed allow the market to enter into a seasonal pullback that is often typical of this time of the the year, or keep pumping this market higher?  The trump card of all trump cards is the fed, and unless they

Sometimes good trades go bad… But not capturing the profits when the trade allows you to do so is no excuse.  Quick Glance at the Market Heat Map and Industries  Notables: Rough day for the markets – particularly financials.  Utilities continue to pullback – no safety there.  Splotches of strength in the services sector and

Today's breakout leads to tomorrow's wedge Quick Glance at the Market Heat Map and Industries  Notables: Utilities and banks weighed heavy on the market.  Tech had relative strength in its favor. Utilities was today's market dog.  Be sure to check out my latest swing trades and overall past performance

Let's see if the market runs hard like it did when it crossed 1600…   Quick Glance at the Market Heat Map and Industries   Notables: How good would have this market of been had the world's biggest company (XOM) wasn't down 1.01%. Banks were en fuego! Industrials were good, but healthcare were laggards.  Be

The signals on the weekly SharePlanner Reversal Indicator are much more reliable than what the daily gives out. Simply because it is looking a longer time frame which accounts less for daily machinations.  However I can't ignore the fact that this week, we are getting a bearish reversal signal and what that might mean for the

A nice trade for Fuinhaz in the Splash Zone Today…   Quick Glance at the Market Heat Map and Industries Notables: Materials and banks were a disaster for the market today.  Tech has some big names still manage to finish in the green.  Healthcare was mixed.  Be sure to check out my latest swing trades