Market Analysis

Raise Cash in This Overbought Market

The charts remain positive, but I encourage readers to become more liquid. More 

Market Survives Test of Key Support Zones

Despite losses, important lines held on the major indices. More 

Market Is Likely to Hold, but at What Level?

A full 50% Fibonacci retracement of the May low to July high is a strong possibility. More 

Expect More Selling as Market Consolidates

Wednesday's action was positive, but we're not out of the woods yet. More 

Stocks Hit New Highs Despite Seasonal Headwinds

We are approaching the weakest three-month period of the year in a very overbought condition. More 

Round of Profit-Taking May Precede New Highs

A new Dow Theory buy signal was issued, but the industrials have made three failed attempts at 17,000. More 

Attention Traders: Take Profits or Tighten Stops

Don't chase the bull in a holiday-shortened week with lower-than-average volume. More