By Josh Hayes on December 15, 2007
Friday’s selling came on lower volume but one thing was very clear by the end of the day. The bulls have absolutely no juice and if a gigantic multi-Fed driven liquid injection in the market can’t keep the market up, I am not sure what people think will keep it up. Everyone knows that I [...]
Posted in default category | Tagged bear markets, bull markets, bulls, conviction, djia, stocks, trades, truth, ugliness |
By Josh Hayes on November 29, 2007
The one thing this market should be teaching everyone right now, no matter if you are new or experienced is that it is always silly and stupid to marry either the bullish or bearish side. What we are seeing right now is a stock market that is going to do its best to make sure [...]
Posted in default category | Tagged bulls, Confirmed rally, IBD, price action |
By Josh Hayes on March 1, 2007
Stocks gapped higher in the morning but soon lost those gains, off the back of three weak economic numbers. First Q4 GDP came in with a final revision of a 2.2% gain. That was much lower than the initial 3.5% reported and below 2.3% estimates. Then new home sales came in with a Y over [...]
Posted in default category | Tagged 13 years, big boys, breadth, bulls, djia, institutional investors, leading the way, lows, Nasdaq, NYSE, sp 500, yesterday today |
By Josh Hayes on December 30, 2006
Happy New Year!; Markets Produce A Distribution Day On The Last Trading Day Of 2006. THIS IS THE VERY LAST FREE “DAILY MARKET ANALYSIS and NEW SWING LONGS/SHORTS” POST ON THIS BLOG. On the very last trading day of the year, stocks decided to end the year on a slightly nasty note, offering distribution days [...]
Posted in default category | Tagged breadth, bulls, catalyst, djia, downside, happy new year, indexes, losses, lows, Nasdaq, new year, NYSE, pullback, sp 500, stocks, swing |