Discuss Market Commentary

03/05/13

After a weak open on Monday, the bulls stepped up again taking the indices into positive territory, and held those gains into the close. The Dow ended the day up 38-points. The Transports led on the upside while small caps lagged.
...

3/04/13

After opening the down over 100-points on Friday, stocks reversed direction and closed in positive territory (Dow +35) and created a positive reversal day after Thursday's negative reversal day. That is a short-term bullish formation, but the increased volatility near the overhead resistance should be a warning sign.
...

3/01/13

A strong mid-afternoon rally in the stock market fell apart by the close producing a negative reversal day. The Dow was within just a few points of a new all-time high yesterday when someone pulled the plug and the Dow ended the day down 21-points.
...

2/28/13

The market followed through on Tuesday's rally with another big day, and while the Dow (+175-points), made a new high, the broader indices - S&P 500, Nasdaq, small caps, and Transports - have not done so yet.

...

2/27/13

That is what a "snap-back" rally looks like. After the 216-point decline on Mondays the Dow rallied on Tuesday; gaining back 116 of those points. I told you the bulls would not give up easily, but do they have enough in them to to take the indices to new highs again?
...