A Strong Close erases possible Distribution

We finally saw a strong close from this market. Unfortunately, it was just after sellers had their way with the market earlier in the day. Volume jumped day over day as institutions picked up their efforts. This market did not look good mid-morning. The NASDAQ was...
Monday’s Market ends Flat

Monday’s Market ends Flat

So much for any exciting market action today as the stocks closed flat on light volume. A mid-day sell-off did spark some interest, but once again this market found a way to muster enough support. We continue to see this market look very fragile and yet find a way to...
Weekend Update: Weak Yet Somehow Sturdy Holding Pattern

Weekend Update: Weak Yet Somehow Sturdy Holding Pattern

The overall market continues to lack any clear direction with individual stocks in my personal holdings looking pretty darn strong/solid overall but the overall market/tape looking quite problematic. The MACD and RSI(14) oscillators are all still trending lower on...