More Downside To Come…

Volume picked up today to 187 million shares traded on the SPY, but still under the 200 million, (or above) that usually produces a DOWN day.  That’s 2 day’s that the market fell with light volume.  What do you think will happen with heavy volume?  Yeah… now you’re getting . . . → Read More: Finally, The Bear Gets Feed…

With only 128 million shares of the SPY traded today you would expect a huge UP day… but it was DOWN!  This is a big change in the market, and could make a big difference in the coming days and weeks.  Apple was down, Goldman Sachs was down, JP Morgan was down, Oil (USO) . . . → Read More: Light Volume Produces A Down Day…

Wow…  What a wild day on Friday!

First we gap up huge on the low jobs number, only to finally hit the master level of resistance that I’ll been talking about for weeks now… 1119.13 (SPX)/112.38 (SPY).  Then, we fall hard as the dollar gets a huge squeeze.  Back up again to . . . → Read More: Weekend Update…

In several of my weekend updates I have spoken about the market wanting to go to the 112.30-112.50 spy area.  This area was almost reached today with an intraday high at 112.18 (spy).  Will that be enough to satisfy the market?  I believe it’s close enough, and that the high for the year . . . → Read More: Missed By 12 Cents…