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Tuesday, September 20, 2011
Published on 2011-09-20 04:00:16
The Nasdaq continued to lead yesterday and we continue to see improving conditions amongst leading stocks. In particular, recent breakouts have involved leading blue chip companies, which is interesting given that just a week or so ago most breakouts were obscure, thinly-traded stocks. This speaks to greater confidence with the economy. As a result of [...]
Monday, September 19, 2011
Published on 2011-09-19 03:49:38
The Nasdaq has been increasingly taking on a leadership role here. One of the main ingredients this market has been missing while it has been stuck in the choppy zone is leadership, so this is a positive development. We also saw buyers remain in control on Friday's quadruple witching options expiration last week, which may [...]
Wednesday, September 14, 2011
Published on 2011-09-14 04:54:03
We can easily wax poetic here and write a brilliant analysis of market conditions covered from any number of given angles. If we do, though, we would just be wasting your time and pumping our own egos. The fact is, the only thing traders need to focus on is the trading range we outlined yesterday, [...]
