Market Analysis

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 

Most-Hated Bull Market in History Continues Without the Public

The S&P 500 expanded its premium above its 17-month moving average despite a lack of participation. More 

Count Friday’s Action as a Technical Success

All indices have weathered a test of support, and trends now point higher. More 

Which is the Better Side of the Market at the Moment?

With the near-term trend in doubt, traders may be more successful shorting. More 

Nasdaq Not Out of the Woods Yet

Resistance at 4,400 must be exceeded on a close in order to resume the uptrend. More 

Don’t Buy While This Hangs Over the Market

The Russell 2000 failed at a crucial point, issuing a bearish key reversal. More