Tug of War!
The market the last few days looks like a battle between the bulls and bears. Neither is gaining much ground…or giving much up. The market is still sitting in a tight range over the past… Tug of War!
Stuck in Traffic
The market moved up for the first hour and then reversed for most of the day before gaining back some of the loses, but still closed below the open. Both the NHNL and Capitalized NHNL… Stuck in Traffic
That fell apart quickly!
My personal belief (which does not really matter) is the market was looking for a reason to pull back and finally found one! One never knows what the catalyst will be that breaks the status… That fell apart quickly!
Stuck in a Tight Range
Looking at the hourly chart, the market has been stuck in a range between 6700 and 6775 that it has bounced between multiple times since the beginning of the month. Negatives continue to build. This… Stuck in a Tight Range
Is the Party Almost Over?
The Market opened up and almost immediately moved downward for a few hours before trading in a range the rest of the day. Is this just a typical pull back or the beginning of something… Is the Party Almost Over?
Ground Hog Day
The market continues to be in a tight range that drifts upwards. The NHNL reversed on Friday and was positive. That bodes well for a potential up week. Friday started up and then drifted down… Ground Hog Day
Still Moving Up, but Most stocks are not Participating
The market continues to drift upward from its pull back last week. I am still skeptical as to how long this can continue. The Net NH/NL continues to diminish and there have been more new… Still Moving Up, but Most stocks are not Participating
The Market Fakes Down, Breaks Up — Again
The market recovered on Friday. So far, this still looks like a typical pull back to value it has been doing the last few months. The NHNL and Capitalized NHNL has also recovered a little.… The Market Fakes Down, Breaks Up — Again
Are we Finally Pulling Back?
The market dropped the first couple hours then stayed in a small range the rest of the day. That is not the interesting part. Both the NH/NL and the Capitalized NH/NL went negative today. If… Are we Finally Pulling Back?
Is something interesting starting to happen???
The market opened flat and trended down most of the day. It was interesting to see New High shoot up and new lows decrease. However, capitalized new highs shrank and new lows increased. Essentially, the… Is something interesting starting to happen???