Stock Market, US

Stock Market, US

SPX Daily Chart

You cannot call yourself a bull if SPX declines to 1925 and you are not buying there.  Me?  I am not a bull, but I am someone who, if the…

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June 27, 2016
Stock Market, US

Broad US Market Leans Bullish

More and more of these items are working on the April highs and that is a key level.  The Tranny is the lone suspect here, technically.   It looks like…

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June 21, 2016
Stock Market, US

Banks, Semis and Biotech

An interesting view of two items that are still bearish and one item that is not.  This is one of many multi-index charts we use for US and global markets…

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June 10, 2016
Stock Market, US

US Indexes, Stripped of Noise

Sometimes my charts get noisy with all the moving averages, momentum indicators, volume, different time frames, inter-market ratios, etc.  For this post, some very quiet monthly charts.  Let's start with…

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June 3, 2016
Stock Market, US

Bull

It's not rocket science.  This market is going bullish.  Whether it is a short and final push higher or a big break of consolidation, the market chose to break out…

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May 25, 2016
Stock Market, US

Dow Breaking Trend Line

The Dow had been the worst of the major US indexes on the short-term view (NDX led to the downside but formed a 'W' pattern as noted yesterday).  Now the…

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May 25, 2016
Stock Market, US

US Stocks, Post-Open

We looked at 'em pre-market and now I have removed my drawn-in candles as the market's actual candles have blown them away.  Here is what is going on. INDU is…

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May 24, 2016
Stock Market, US

US Stocks, Pre-Market

You can see my artwork skills on display as the pre-market implied opens for INDU, SPX and NDX are drawn in as white candles on the charts. INDU is mostly…

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May 24, 2016
Stock Market, US

Broad US Market

This market is anything but cut and dry.  For instance, within this single chart we find some broader market indexes above their supportive moving averages and some below them.  Lateral…

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May 5, 2016
Stock Market, US

SOX Breaking Down

We noted the NDX/SOX roadmap in a post on Wednesday using weekly charts.  SOX daily is doing something not very nice at the open.  The Semis are a leader for…

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April 29, 2016
Stock Market, US

NDX and SOX, a Roadmap

NDX is in a sloppy looking pattern, is dropping into a support zone and needs to hold the moving averages to avoid going from sloppy to bearish.  Captains like Alphabet,…

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April 27, 2016
Stock Market, US

SPX Bear Signal Negated

The weekly EMA 20 has crossed over the EMA 50 and that is just a fact.  The bulls not only took the bears' ball, but now they are chasing them…

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April 20, 2016