Technical Analysis Archive

Wait And See Market

April 9, 2008  ·  Category: Market Commentary, Technical Analysis
Given the uncertainty on how the economic downturn will ultimately impact profits, investors have decided to sit on their hands and take a wait and see attitude. - Jack Ablin, Chief Investment Officer, Harris Private Bank  In today's ...
Posted by Greg Feirman  ·  No Comments »

It Talks Like A Bull, It Walks Like A Bull ….. But Is It Really A Bull?

Clear and unmistakable recession signals from the labor market..... This magnitude of a rise in the unemployment rate has never occurred in the post-war period without the economy being in recession. - Bear Stearns This economic slump ...
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Market In Range Defined By 1270-1400 On S&P

March 13, 2008  ·  Category: Technical Analysis
This looks like the 8th week (starting Mon Jan 22) in which the S&P 500 is trading within a range of 1270-1400 (S&P 1270-1400 Chart). What has worked during this time is to sell at the ...
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Some Interesting Posts On Today’s Rally

March 11, 2008  ·  Category: Market Commentary, Stocks, Technical Analysis
"The Fed's Hallelujah Rally", MarketBeat "Short Covering Rally?", BeSpoke Investment Group "S&P 500 Technicals", BeSpoke Investment Group - is this a double bottom? "Bear Stearns: What Went Wrong", TraderTalk - CNBC's NYSE floor reporter on Punk Ziegel analyst ...
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One Bad Day Away From A Real Good Buying Opportunity

March 6, 2008  ·  Category: Market Commentary, Technical Analysis
I think we're about one bad day away from a real good buying opportunity. The Nasdaq and S&P both closed below their previous closing lows for the year.  Both are also real close to their Jan ...
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Would You Buy This Chart?

March 4, 2008  ·  Category: Technical Analysis
A fun and interesting excercise in technical analysis from The Big Picture.
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Citi, Intel Drag Down Market

March 4, 2008  ·  Category: Market Commentary, Stocks, Technical Analysis
Yesterday after the close, Intel (INTC) lowered its forecast for 1st quarter gross margins from 56% plus or minus a couple of points to 54% plus or minus a couple of points (INTC Press Release). Intel ...
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Sell The Rally? - Indexes Find Resistance At Feb 1 Highs

February 27, 2008  ·  Category: Market Commentary, Technical Analysis
It's been a nice three day rally since rumors from bond insurer land helped the indexes surge in the last hour last Friday.  S&P took MBIA (MBI) off CreditWatch on Monday and reaffirmed Ambac's (ABK) AAA rating.  Yesterday's ...
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Technicians See A “Wedge”

February 21, 2008  ·  Category: Market Commentary, Sentiment Analysis, Technical Analysis
Many of the respected technicians I follow see the market indexes currently forming a wedge.  This is a series of lower highs and higher lows that form a tighter and tighter range (see, for example, ...
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Market Mood Appears To Be Improving

February 13, 2008  ·  Category: Market Commentary, Sentiment Analysis, Technical Analysis
"The January retail sales data is not consistent with either same store chain sales or total vehicle sales during the sampling period." - Joseph Brusuelas, IDEAglobal The surface rationale for today's move is a stronger than expected ...
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