9:43:32 PM EDT |
Market internals reversed from slightly bullish to bearish last week.
11:14:53 PM EDT |
Market Internals Still Bullish
The broad market indexes posted minimal gains last week despite the post Fed bounce.
11:36:02 PM EDT |
Broad Market Confirmation
Many times we have a single index or two lift the market higher because of the outperformance of several stocks in a specific sector.
11:30:49 PM EDT |
Bullish sentiment as measured by Investors Intelligence is at 30-year highs.
10:17:31 PM EDT |
Fork in the Road
The market rally is headed for a fork in the road with the president's speech on Tuesday evening.
10:36:29 PM EDT |
No Decline in Sight
This is turning into a "hold your nose and buy it rally."
10:56:53 PM EDT |
All the fence sitters waiting on the sidelines this weekend are wondering if the market breakout is the real deal.
4:42:07 PM EDT |
Please Squeeze Me Again
The Dow rallied back over 20,000 on Friday but it was one more monster short squeeze powered by the financial sector.
11:14:06 PM EDT |
The Dow 20,000 target was hit and investors are not showing as much interest in chasing prices higher.
11:00:59 PM EDT |
Now Back to Regular Trading
With the inauguration event risk behind us, the market should return to normal. The only problem for traders is determining which normal we are going to get.
11:27:08 PM EDT |
Pivotal Week Ahead
I hope this is the last time I warn of a pivotal week for quite a while.
10:13:55 PM EDT |
If you blinked you missed the buying opportunities last week.
10:50:24 PM EDT |
Buying Opportunity Ahead
January, where hope and change meets reality.