The US Dollar Index ($USD) showed signs of life recently, forming a potential short-term reversal pattern. Let’s look:. The Index formed an all-time low just beneath 71 on March 17th before reversing upwards to form a semi-hammer (or ... Go to Full Article

Yesterday I gave you the bullish stocks I am watching, and today you get the bears. At the moment I do not have a directional bias, although my gut tells me to be ready for a down move. GLD KDC GG MOS TRA DE BG MON SU SUN STP DRYS TBSI ... Go to Full Article

This was the best April Fool’s prank the bulls could have played on the bears!Almost all the major indices finished up 3% or more. The semiconductors closed up more than 4%. The only thing to fall was gold, losing its 900 handle.Just a few weeks ago I wrote about the hidden power of back to ...

I am still biased more to short side (bearish) but current market situation with such strong rallies are not good for such approach. Market is still in range of correction after January’s sell off. I still monitor several very weak ... Go to Full Article

Good morning. Premarket futures are indicating a higher open as investors remain impressed with yesterday's big rally and hope that Ben Bernanke will inspire more buying when he speaks to Congress today. Before Ben Bernanke's testimony, ... Go to Full Article

The Financials Sector (XLF) has received considerable attention as of late, but let’s look at the chart for a few more insights:. The small horizontal hash-marks represent the series of lower lows and lower highs which have defined the ... Go to Full Article

is the stock on WALLSTRIP today. Here's my view of the technical action. Phase Forward Inc (PFWD) 4/2/08 from brian shannon on Vimeo. Go to Full Article

The biggest myth of forex day trading systems is they are a low risk way to make profits the reality is there odds on to lose you all your equity - lets look at the evidence that shows this. When you see a forex day trader who claims to ... Go to Full Article

There are many different trading types out there that can help you make money in the stock market today. If you are just starting out it can be confusing. You may be asking yourself how do I make money and what is the best trading ... Go to Full Article

Ouch! The mighty Dow has fallen to within a financial heart beat of its 1999 high water mark, boasting an average per year gain of less than one half of one percent in spite of several interim manipulations designed to improve the ... Go to Full Article

As the Presidential election grinds along, candidates periodically whine about their media coverage. The truth of the matter, however, is that--for the most part--the Presidential hopefuls get a free ride on their questionable views. ... Go to Full Article

Mad props to the Camron Systems site, which linked this phenomenal article from the NY Times on the development of talent and how elite athletes are made. I'm usually not one to gush, but this is a must-read article if you're interested ... Go to Full Article

With Friday's weakness, we continue to see deterioration in the Technical Strength measure, which quantifies short-term trending behavior among individual stocks. Here's how Technical Strength is shaping up as a function of S&P 500 ... Go to Full Article

There are many ways of picking up on a stock market trend that helped identify the weakness during Friday's session. Among those that I've emphasized in recent posts, the weakness among financial issues and the persistent weakness in ... Go to Full Article

UPDATE-Scratch this post-the numbers are wrong. I'll update it after market close-sorry The internals of the market are shockingly bad, here's a few examples: All stocks Close up and Volume up 1335 All stocks Close up and Volume down ... Go to Full Article