With only 132 million shares traded on the SPY, the market basically went nowhere.  Nothing has changed since the March low from 2009, as light volume still rules the market.  Ever since the cap was removed for the PPT, they have easily been able to keep the market flat to up on every light . . . → Read More: Light Volume Equals A Boring Market…

Bullish Monday again?  Yes, it’s possible…  I know us bears can’t seem to believe that the market could go higher, but it can.  When you look at the technicals, the ADX (advance/decline line) clearly shows that the bulls are still in control.  The adx line is now rolling over and starting to point down, . . . → Read More: Weekend Update…

It seems that the Fed’s out-smarted the bears again, as the rate increase yesterday didn’t affect the market at all today.  You could have just slept in, and you wouldn’t have missed a thing.  It’s funny how well they plan out every move they make, with such precision.  So what’s the next move . . . → Read More: A Non-Event Day…

After hours the Fed released that they are increasing rates from .50 to .75, which caused a sell off to start and will most likely continue into tomorrow morning.  But, trading tomorrow will be risky if you are thinking that we will tank into the close.  That may not happen, as they aren’t . . . → Read More: Fed’s Increase Rates…