Market Analysis

High Valuations Leave the Stock Market With No Margin for Error

With stock market valuations at their highest level in almost seven years, earnings must exceed expectations to keep the bull market rolling. More 

Watch These Key Support Areas on the S&P 500

The trend remains bullish until they are broken, in which case, I would look for a full 50% Fibonacci retracement. More 

Bulls Rejoice! Strong Dow Theory Buy Signal Issued

This is a clear indication that higher prices are in the market's future. More 

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