Including after-hours and pre-market trading — a nice rounded top taking shape. Positive volume pattern was disrupted today on both SPY and XLF. Click to
readYes, all earnings matter, but these will get the most attention. Week of April 13th: Tuesday [[INTC]] [[JNJ]] Wednesday [[INFY]] Thursday [[JPM]] [[GOOG]] [[NOK]] [[PPG]]
read1989 cartoon — “A Normal Day” Unfortunately don’t know the author Made me smile
readI’m looking for software that: – is free or cheap (and, of course, very good 🙂 ) – allows backtesting – doesn’t require me to
readFree video — analysis of the Dow, Nasdaq and S&P (7 minutes, by Adam Hewison from MarketClub). See potential targets where this rally can stall.
readWhat is ADX? From Stockcharts.com The ADX is an oscillator that fluctuates between 0 and 100. Even though the scale is from 0 to 100,
readClick charts to enlarge $SPXA50 Normally we’d short about here or very soon, right? Beware, this can be a repeat of the Apr-Jun 2007 period.
readWow, a pretty extreme reading this morning. This can’t last! Way more calls being bought than puts. This is a contrarian indicator, meaning — the
readCall-to-Put Ratio This is seriously overextended. This morning I couldn’t believe my eyes – it went back to bull market levels in one day! Notice,
readFinancial Times, front page headlines: US retailers in battle at dawn — Drastic price cuts after poor sales Pakistan moves troops to Indian border —
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