“Take That Bulls,” says Mr. Stock Market

Today was looking very constructive. That is until the last hour when the floor just completely collapsed. There was nothing orderly or friendly about that pullback (see: selloff). On top of that, volume was clearly much higher than the day before. That equals yet...

Flirting With The 200 Day Moving Average

That was a nice headfake today by the Nasdaq. It was still a very positive session post 1215pm EST breakout but the close sadly prevented us from getting what we wanted which was a legitimate signal to tell us to buy stocks. Underneath, it was much more bullish as...