Waiting for the Other Shoe
Wednesday, August 2, 2012
The inactivity of the Fed was mirrored by the Stock Market.

Fool Me Once, QE1. Fool Me Twice, QE2.
Wednesday, August 1, 2012
Let's see if they go for the trifecta.

Doji at the Top
Tuesday, July 31, 2012
We know it was a Doji, but we don't know if it was the top.

That Queasy Feeling
Monday, July 30, 2012
The FOMC and the ECB have meetings this week that everyone thinks will result in more QEzing.

The Market was Draghi'd Higher
Friday, July 27, 2012
European Central Bank President Mario Draghi promised to "do whatever it takes to preserve the Euro.".

There's a Rotten Apple in Every Bunch
Thursday, July 26, 2012
Let's hope it doesn't spoil the rest.

Making a Federal Case of it
Wednesday, July 25, 2012
Quantatative something or other is becoming very likely before November.

The Pain in Spain Fell Pretty Much Everywhere
Tuesday, July 24, 2012
Spain's bond problems became a big problem for US stocks, but the effect may be over already.

There's Gold in Them Thar Hills
Monday, July 23, 2012
Well at least there used to be. We had dinner yesterday at Sutter Creek, where the gold rush started.

Split Decision
Friday, July 20, 2012
The S&P 500 made a new high, but the other two didn't.

Up Against It
Thursday, July 19 2012
The S&P 500 is within a few points of major resistance.

Just the Facts Ma'am
Wednesday, July 18, 2012
The Industrials and Transports went their separate ways.

In Transit
Tuesday, July 17, 2012
Both the market and your writer seem to be taking a break.

It's That Time Again
Monday, July 16, 2012
The lake beckons.

Follow the Bouncing Ball
Friday, July 13, 2012
Maybe we'll just watch it bounce.

Instant Gratification
Thursday, July 12, 2012
What to do when you don't get it.

Mr. Toad's Wild Ride
Wednesday, July 11, 2012
The Dow went from ahead 94 to down 130 to let us know what earnings season can do

Here's a Pretty Mess! In a Month, or Less.
Tuesday, July 10, 2012
Many companies reporting, earnings may not be supporting. -- The Mikado

Here's Another Nice Mess You've Gotten Us Into
Monday, July 9, 2012
The "good" news is that indicators on the verge of sell signals are no longer on the verge.

It's Hard to be Bullish
Friday, July 6, 2012
And yet stocks don't want to go down.

Pay Me Now, or Pay Me Later
Thursday, July 5, 2012
Many have not learned this lesson.

If You Thought That Was Low Volume
Tuesday, July 3, 2012
Wait till you see today's.

And the Cat's in the Cradle
Monday, July 2, 2012
I'm gonna be like you dad -- I hope.

Everything I know About Politics is Wrong
Friday, June 29, 2012
Don't ask.

The Odds are Better in Roulette
Thursday, June 28, 2012
The censure vote in the House today adds to the risk.

Between a Rock and a Hard Place
Wednesday, June 27, 2012
A Eurozone summit will end Friday and there's another Supreme Court decision tomorrow.

Happy Days Are Here Again
Tuesday, June 26, 2012
Sales of existing homes hit a two-year high... or not.

A Sure Thing
Monday, June 25, 2012
If you can answer two questions.

Living by the Odds
Friday, June 22, 2012
There's a 64% chance the market will close higher on Tuesday than it did yesterday.

Lots of Activity, No Action
Thursday, June 21, 2012
And no surprises either.

Great Expectations
Wednesday, June 20, 2012
This could be a Dickens of a day.

Kicking and Screaming
Tuesday, June 19, 2012
There are no excuses left, so we'll buy some QQQ and SPY.

History Lesson
Monday, June 18, 2012
We study a dozen Summary Index buy and sell signals.

Pick Your Poison
Friday, June 15, 2012
What's worse than losing money?

Balancing Act
Thursday, June 14, 2012
The Summary Index indicators are telling us something by telling us nothing.

Never Mind -- Emily Litella
Wednesday, June 13, 2012
Only 6 of the 86 bearish candles made on Monday were confirmed.

Dark Clouds Engulfed the Market
Tuesday, June 12, 2012
But gold shined.

Golden Opportunity
Monday, June 11, 2012
The SPDR Gold Trust made a full-fledged Swing Indicator buy signal.

Than Can't Be Good
Friday, June 8, 2012
The market gave back most of its gains in the last 45 minutes.

Blah, Blah, Blah
Thursday, June 7, 2012
We're told that stocks rose because Spanish banks will be saved by the Federal Reserve.

Still Below Average
Wednesday, June 6, 2012
The S&P 500 and Dow are trading below their 200-day moving averages.

Waiting for a Sign
Tuesday, June 5, 2012
Let's keep waiting, it'll take more than one Doji.

Signed, Sealed and Delivered
Monday, June 4, 2012
All that remains is for the targets to be reached.

The Chances for a Rally are Flagging
Friday, June 1, 2012
A breakout from the bearish flags has occurred, but it must still be confirmed.

Rally 'Round the Flag Boys
Thursday, May 31, 2012
There's still a chance for a recovery, but the indexes have closed below their flags.

Doing Pennants
Wednesday, May 30, 2012
They're actually flags, but they have the same significance.

I Shall Pass This Way But Once -- William Penn
Tuesday, May 29, 2012
Well, maybe twice.

Afternoon Delight
Friday, May 25, 2012
Early declines and late recoveries have produced a series of Doji candles.

Nailing Down the Bottom
Thursday, May 24, 2012
We certainly have enough hammers.

Undecided Now
Wednesday, May 23, 2012
So what are you gonna do?

Recoveries
Tuesday, May 22, 2012
Quick or dirty.

Knife Catching 101
Monday, May 21, 2012
The RSI is nearing record lows.

Back to the Drawing Board
Friday, May 18, 2012
Yesterday's perfect support level wasn't.

Let Me Count the Ways
Thursday, May 17, 2012
Many indicators suggest the decline is coming to an end.

About Face
Wednesday, May 16, 2012
GM pushed Facebook under the bus.

Two Down One To Go
Tuesday, May 15, 2012
The Dow and S&P 500 closed outside of their trading ranges.

Sticks and Stones
Monday, May 14, 2012
Lumber is in the rafters while coal is in the cellar.

Dimon in the Rough
Friday, May 11, 2012
J.P. Morgan Chase has apparently learned little from the last disaster.

Swing Low, S&P 500
Thursday, May 10, 2012
The market is sitting on the lower border of its trading range.

Spinning the Economic News
Wednesday, May 9, 2012
Econoday takes poetic license.

Double-edged Sword
Tuesday, May 8, 2012
The last VIX 3-day buy signal was well named.

If the Employment News was so Good
Monday, May 7, 2012
Why did the market tank?

Jobs Jobs Jobs
Friday, May 4, 2012
If you want the market to move higher, hire someone.

Hanging in There
Thursday, May 3, 2012
The Dow and S&P 500 made bearish Hanging Man candlesticks.

That's One -- Almost
Wednesday, May 2, 2012
The Dow broke out of its channel, but closed back in it.

Bob, Bob, Bobbin' Along
Tuesday, May 1, 2012
Not much to talk about.

Lots of Smoke, Little Fire
Monday, April 30, 2012
Volume continues light as some indexes challenge their highs.

Homework Assignment
Friday, April 27, 2012
Here's an important book.

The Market was Appleplectic
Thursday, April 26, 2012
The huge NASDAQ gains still left the market in the middle of its trading range.

Trading Range Fever
Wednesday, April 25, 2012
Most indicators are thrown off by a trading range market.

Range Bound
Tuesday, April 24, 2012
Looked bad for a while, but we're still well within the trading range.

Stuck in the DMZ
Monday, April 23, 2012
Let's hope this one doesn't last 59 years.

More of the Same
Friday, April 20, 2012
Still in the middle of the trading range with no end in sight.

Been There, Done That
Thursday, April 19, 2012
Two and a half months in a narrow trading range.

Call Guinness
Wednesday, April 18, 2012
The biggest rally in five weeks, on the smallest volume.

LIve by the Sword, Die by the Sword
Tuesday, April 17, 2012
Apple and Google are taking their licks and taking the NASDAQ down with them.

Golden Rule
Monday, April 16, 2012
As the interest rate goes, so goes gold.

Rule of Three
Friday, April 13, 2012
This was the third two-day rally in three weeks.

Hydra Market
Thursday, April 12, 2012
Cut off one rally and two grow in its place.

The Dog That Didn't Bark
Wednesday, April 11, 2012
The Dow Transportation Average failed to reach a new high and has fallen 5%.

Spring has Sprung, the Grass has Riz
Tuesday, April 10, 2012
I know where the market is.

Unemployment Tricks
Monday, April 9, 2012
Not as cute as Letterman's pet tricks -- the percent unemployed is designed to appear lower than reality.

You Ain't Seen Nothing Yet
Thursday, April 5, 2012
Spain's GDP is 4.5 times the size of Greece's.

Position is Everything
Wednesday, April 4, 2012
The Transportation Average made a strong recovery late in the session.

Working On the Railroad
Tuesday, April 3, 2012
The Industrials made another new high.

Though April Rallies, May Come Our Way
Monday, April 2, 2012
I am still likely to sell in May.

If I Had a Hammer
Friday, March 30, 2012
A strong finish on a weak day.

Dueling Indicators
Thursday, March 29, 2012
A VIX 3-day buy signal and a Daily Rating sell have occurred together.

Window Dressing
Wednesday, March 28, 2012
The end of the month and quarter may keep the market lively this week.

Back On the Horse
Tuesday, March 27, 2012
We bought QQQ after the first 30 minutes of trading.

If We Heard it Once, We've Heard it a Thousand Times
Monday, March 26, 2012
"The market can stay irrational longer than you can stay solvent." -- John Maynard Keynes

The Most Reliable Bullish Indicator...
Friday, March 23, 2012
A market that refuses to go down.

Gravestone Doji
Thursday, March 22, 2012
With 25 minutes left, QQQ gave it back.

Be Careful Out There
Wednesday, March 21, 2012
We're hanging in there, but the Transportation Index missed its high and is falling quickly.

Now You See it, Now You Don't
Tuesday, March 20, 2012
The Dow Transportation Index made a new high buy couldn't hold it.

Transported to a New Level
Monday, March 19, 2012
The Dow Transportation Index is just 18 points short of a Dow Theory buy signal.

I Walk the Line
Friday, March 16, 2012
The S&P 500 closed above 1400 as it closely follows its uptrend line.

Hurry Up and Wait
Thursday, March 15, 2012
We got our long-awaited breakout, but we're still in the channel.

Melt Up
Wednesday, March 14, 2012
Fortunately, those who did as I said and not as I did had a good day.

J.P. Morgan was Asked, "What Will the Stock Market Do?"
Tuesday, March 13, 2012
It will fluctuate, he replied.

Back to the Future
Monday, March 12, 2012
The indexes are again pressed against overhead resistance. If they don't get through the next downswing will be worse than the last.

Third Time -- Charm or Curse?
Friday, March 9, 2012
The market has enjoyed two advances after its big drop -- resistance is again in sight.

Revisionist Economics
Thursday, March 8, 2012
The Bureau of Labor Statistics told us "don't worry, be happy."

Down, but not Out
Wednesday, March 7, 2012
The sharp decline was unnerving, but there's evidence to suggest that the pullback will be mild.

A Bit More Interesting
Tuesday, March 6, 2012
With the money market paying nothing, we investigate a fund that pays a little.

Checks and Balances
Monday, March 5, 2012
Lagging railroad carloads and diesel fuel sales suggest overzealous reporting of other economic parameters.

As You Were
Friday, March 2, 2012
After one down day, the market got back in its groove.

One Weak Day Does Not a Pullback Make
Thursday, March 1, 2012
The market faltered below resistance, but it may just be a Bernanke ripple.

Statistical Overkill
Wednesday, February 29, 2012
Three leap days have fallen on Wednesdays since 1900.

Lines In the Sand
Tuesday, February 28, 2012
Each index has a meeting with resistance this week.

Know Your Options
Monday, February 27, 2012
It's a good idea to watch the Put/Call Ratio this week.

More of the Same
Friday, February 24, 2012
We're still waiting to break through resistance.

Riding Out of Town on a Rail
Thursday, February 23, 2012
The Dow Transportation Index has confirmed a downside breakout.

Keep Your Eyes on the Prize
Wednesday, February 22, 2012
Don't bother with 13000.

Close Only Counts in Horseshoes
Tuesday, February 21, 2012
Important resistance looms directly ahead.

The Indexes Were Willing but the Volume Was Weak
Friday, February 17, 2012
Today we could see the opposite as options expire.

Piling On
Thursday, February 16, 2012
More economic indicators turned negative, and the Summary Index gave a sell signal.

Target Practice
Wednesday, February 15, 2012
The Dow and S&P 500 are flirting with their upside targets while the NASDAQ has broken out.

On Hold
Tuesday, February 14, 2012
Yesterday's rally was nice, but it proved little.

Old Slogan: Fifty-four Forty or Fight
Monday, February 13, 2012
New slogan: Twenty-eight eighty-one or run.

Gathering Experimental Evidence
Friday, February 10, 2012
An experiment carefully designed to answer an age-old question.

Wood You Believe
Thursday, February 9, 2012
The lumber market is supporting further strength in stocks.

Crunch Time
Wednesday, February 8, 2012
The wedges are running out of room.

Testing the Waters
Tuesday, February 7, 2012
We took a QQQ position in the GPS Portfolio but will wait a bit on the larger one.

Gambler's Fallacy
Monday, February 6, 2012
The NASDAQ broke out to the upside of its Rising Wedge and completed a Golden Cross as well.

Not Out of the Woods Yet
Friday, February 3, 2012
The NASDAQ broke above its rising wedge, but there's a major obstacle directly above.

The Other Side of the Coin
Thursday, February 2, 2012
The Dow is back in its Rising Wedge, and the NASDAQ is about to break out to the upside.

One Down, One to Go
Wednesday, February 1, 2012
The Dow fell out of its Rising Wedge, but the NASDAQ managed to hang in there.

A Not So Slippery Slope
Tuesday, January 31, 2012
The indexes managed to crawl back into their rising wedges after an early decline

When is a Pullback a Bear Market?
Monday, January 30, 2012
That's like asking, "how long is a piece of string."

Classic Pushback
Friday, January 27, 2012
The market opened above its trend line but quickly fell back.

Is That All There Is?
Thursday, January 26, 2012
The market opened sharply lower and closed even more sharply higher.

Look Out For Apple
Wednesday, January 25, 2012
Apple reported earnings and is up 7% in after-hours trading.

Everything's Up To Date in Kansas City
Tuesday, January 24, 2012
They gone about as fer as they can go.

IBM -- White Knight
Monday, January 23, 2012
Eighty-five percent of the Dow's advance was due to three stocks.

Take Two Aspirin and Call Me on Monday
Friday, January 20, 2012
With options expiring we can expect plenty of volume today and not too much else."

Déjà vu
Thursday, January 19, 2012
It doesn't feel like summer, but it sure looks like August 2010."