The major indexes were slightly down last week, but the Transports had a more significant pullback down –2.65% for the week. Commodities were the outperforming part of the market last […]
Category: Technical Analysis
A Flaw In The Silver Topping Theory
There seems to be a lot of silver pundits calling for a major top in silver lately. There’s basically two main reasons why they are calling for a top: 1) […]
Week In Review
The market continued higher this week and has essentially gone straight up for the last two weeks straight since bottoming in mid-March. What’s noteworthy about this recent rally is two […]
Update On Volatility
I recently highlighted the increase in stock market volatility in two previous articles, the first one appeared here. So far this recent multi-week stock market correction isn’t officially over yet, […]
Tech Stocks And Topping Formations
Tech stocks have had a brilliant run since the March 2009 bottom in the stock market, even beating some of the best performing commodities over the same time period. But […]
Downside Momentum Hasn’t Stopped
The market continues to be under pressure with lingering uncertainty over the status of the nuclear problems in Japan. The market hasn’t corrected this badly since November 2010 where it […]