Recent Blogs Posts

Originally Posted by coolhand

Price on the S&P 500 reversed yesterday's losses and closed at another high for this up-leg. It's in an area of resistance, but given the DWCPF just hit an all-time high I suspect the S&P 500 will find a way to push past this resistance.




Maybe the market doesn't exactly feel bullish, but these charts (especially the DWCPF) say that it really is on the bullish side to this point. The all-time high achieved

...

Negative news puts the kibosh on what was developing as a breakout day for some stock indices. Trump said he was ending the White House's stimulus negotiations until after the election and we saw solid gains, and some breakouts, come tumbling down in the blink of an eye. The Dow turned a 200+ point gain into a 376-point loss in about 10 minutes. The small caps held up better than large caps but they had a huge gain before the president's announcement.

...