May 2013 Best Since 2009 For Equities, Here’s 5 Reasons Why

Will June 2013 Be Better Than May? The stock market has been on a tear recently and May 2013 was profitable for bullish traders. Bonds took a drubbing as risk lovers gobbled up stocks and June 2013 could be another good month.  There are lots of reasons for the 2013 rally but here are a[…]

s&p 500 technical analysis chart 6 months ended may 28 2013

Sell In May And Go Away Fails Again In 2013

S&P 500 Closes In On New Highs After Inside Outside Gap Up Day: Stocks hit our resistance levels and show no clear advantage to sellers or buyers.  Short- term trends could favor buyers on dips but there are some reasons to look more carefully at intermediate trends.  Key stocks that made gains all year are[…]

Is May 2013 Equity Volatility Rising?

Equities Flip-Flop As Trading Sentiment Turns Shaky: Stocks flipped-flopped ending the day with modest losses as traders changed sentiment from positive to negative several times. The Dow changed from up 30 to down negative 30 in the current extended rally that hasn’t had much of a correction. Our technical analysis chart/relative strength indicator/distribution analysis for the[…]

May 2013 Stock Market Rally Takes No Break, Is It Too Late To Get In?

The Most Hated Stock Market Rally Just Got More Institutional Friends: Stocks jumped yesterday as more smart money stayed bullish and shorts were forced to spend money on ‘shovels’.  Some of the “hold your nose buying” we said would occur happened as big players stepped in and a parabolic move up took shorts out of the market.[…]

Dow Has First 9 Day Winning Streak Since 1996 On February 2013 Retail Sales, Traders Cautious

Dow Has First 9 Day Winning Streak Since 1996 On February 2013 Retail Sales, Traders Cautious: When will we start talking about the Fed again? Traders picked up on upward momentum in midday trading as the Dow rose marginally in a cautious trading environment. The Dow Jones Industrial Average barely gained for the day closing[…]

U.S. Stocks Mixed As Volatility Rebounds

U.S. Stocks Mixed As Volatility Rebounds: U.S. stocks were mixed today after traders digested a week and a half of higher momentum.  The Dow Jones Industrial Average closed at 14,450.06 up 2.77 or 0.02% while the NASDAQ was down by 10.55 ending the day at 3,242.32 or -0.32%. The S&P 500 also closed down 3.74[…]

Equities Make Comeback After 2013 Worst Day Ever On Housing And Consumer Data

Equities Make Comeback After 2013 Worst Day Ever On Consumer And Housing Data Will it last? Stocks made a strong comeback today after the Dow Jones Industrial Average fell over 200 points yesterday to close with the worst point loss in 2013 so far.  After 3 weeks of severely tight trading, stocks broke out of[…]

February 2013 Stock Market Rally Continues On New Breakout With Low Volatility

February 2013 Stock Market Rally Continues On New Breakout With Low Volatility: Stocks broke out of last week’s range today after the Dow climbed higher and the S&P 500 as well as the NASDAQ rallied.  The upswing in equities was led the financials as well as the small-cap and mid-cap stocks.  The stock market continues[…]

Dow Has 2nd Consecutive Weekly Loss In 2013 On Low Volatility

Dow Has 2nd Consecutive Weekly Loss In 2013 On Low Volatility: Stocks were mixed ahead of a long three-day weekend with no trading on Presidents Day Monday February 18, 2013.  Traders were reticent to make heavy long side bets with no new catalyst to drive stocks higher.  The Dow Jones Industrial Average closed up only[…]

January 2013 Rally Relative Strength Decreases But Is It Time To Fade?

January 2013 Rally Relative Strength Decreases But Is It Time To Fade? The stock market has shown unusual strength in the last few days after a couple of weeks of consolidation led by the transports and financials.  Fourth quarter earnings for 2012 weren’t as bad as anticipated and equities are up about 5 percent this[…]