Tuesday, December 05, 2000
No alerts were triggered in the past two sessions.
Sunday, December 03, 2000
No alerts were triggered in the last session.
Thursday, November 30, 2000
Fifteen alerts were triggered in the past two sessions, with the HCX triggering a resistance alert.
Tuesday, November 28, 2000
Seven alerts were triggered in the past two sessions, with DRG and HCX triggering resistance alerts.
Sunday, November 26, 2000
Nine alerts were triggered in the past two sessions and all were at support.
Tuesday, November 21, 2000
Seven alerts were triggered in the past two sessions and all were at support.
Sunday, November 19, 2000
The BIX triggered a support alert in the past session.
Thursday, November 16, 2000
No alerts were triggered in the past two sessions.
Tuesday, November 14, 2000
Fourteen support alerts were triggered in the past two sessions.
Sunday, November 12, 2000
Eight alerts were triggered in the past session, with the IUX triggering a resistance alert.
Thursday, November 09, 2000
Twelve alerts were triggered in the past two sessions, with the HCX triggering a resistance alert.
Tuesday, November 07, 2000
Two resistance alerts were triggered in the past two sessions.
Sunday, November 05, 2000
No alerts were triggered in the last session.
Thursday, November 02, 2000
Four alerts were triggered at resistance in the past two sessions.
Tuesday, October 31, 2000
Eight alerts were triggered at resistance in the past two sessions.
Sunday, October 29, 2000
No alerts were triggered on Friday, indicating a trading range is beginning to develop
Thursday, October 26, 2000
Three alerts were triggered in the past two sessions, with the IUX triggering an alert at resistance.
Tuesday, October 24, 2000
Five alerts were triggered in the past two sessions, all at resistance.
Sunday, October 22, 2000
Five alerts were triggered at resistance in the past session (SPX. COMPX, NDX, MSH, AND GSO.X).
Thursday, October 19, 2000
The DOW, SPX, COMPX, OEX, RUT, NDX, XCI, SOX, INX, BIX, XBD, XAL, and OIX triggered support alerts in the past two sessions
Tuesday, October 17, 2000
The SOX, INX, XAL and OIX triggered support levels in the past two sessions. The XAL triggered our alert at 129, but managed to finish fractionally higher.
Sunday, October 15, 2000
Two alerts were triggered in the last session, with the NWX triggering an alert at resistance.
Thursday, October 12, 2000
Seventeen alerts were triggered in the past two sessions.
Tuesday, October 10, 2000
Eleven alerts were triggered over the past two sessions, all at support levels.
Sunday, October 08, 2000
Ten alerts were triggered at support on Friday, but risk/reward characteristics are starting to favor the bulls and at some point, the bears will be locking in their gains.
Thursday, October 05, 2000
Seven alarms were triggered over the last two sessions all to the downside.
Tuesday, October 03, 2000
Ten alarms were triggered in the past two sessions.
Sunday, October 01, 2000
Six alarms were triggered on Friday.
Thursday, September 28, 2000
Six alarms were hit in the past two sessions, with IUX triggering the sole resistance alert.
Tuesday, September 26, 2000
Six alarms were triggered over the past two sessions, with the BTK and IUX hitting resistance alerts.
Sunday, September 24, 2000
Twelve alarms were triggered on Friday, with the DRG and HCX hitting resistance alerts.
Thursday, September 21, 2000
Five alarms were triggered in the previous two sessions with the HCX triggering a resistance alert.
Tuesday, September 19, 2000
Eight alarms were triggered in the past two sessions and all were at support levels
Sunday, September 17, 2000
Six alerts were triggered on Friday, with the OIX setting off its alert at resistance on renewed higher energy prices.
Thursday, September 14, 2000
Zero alarms were triggered in the past two sessions and this indicates a lack of conviction by bulls and bears.
Tuesday, September 12, 2000
Fifteen alarms were triggered in the past two sessions as Thursdays triple witching has institutions active.
Sunday, September 10, 2000
Seven alarms were triggered on Friday.
Thursday, September 07, 2000
Eight alarms were triggered over the past two sessions.
Tuesday,September 05, 2000
It was a rather negative day as traders got back to work and found some nice profits had piled up over the past week.
Sunday, September 03, 2000
Other than a big move on the open, light volume kept trading relatively quiet on Friday.
Thursday, August 31, 2000
Up, up and away.
Tuesday, August 29, 2000
The SPX, OEX and XCI hit our resistance levels yesterday.
Sunday, August 27, 2000
The DOW, BTK and INX hit our resistance levels on Friday, but were not able to close above those levels.
Thursday, August 24, 2000
Seven alerts were triggered in the past 2 sessions.
Tuesday, August 22, 2000
Sell the FOMC news must have been the call, as many indexes and sectors traded lower after the FOMC said it would hold rates at current levels.
Sunday, August 20, 2000
The MSH, SOX and INX hit our resistance points on Friday, and the INX got hit hard at the 532 level.
Thursday, August 17, 2000
The NDX, XCI, NWX and OIX all broke resistance levels over the past two sessions.
Tuesday, August 15, 2000
Yesterday and today we witnessed the OEX, MSH and SOX break our resistance levels, but only the SOX was able to hold above.
Sunday, August 13, 2000
The DOW broke our resistance at 11,000 on Friday and literally brought the COMPX out of an early morning slump.
Thursday, August 10, 2000
DRG and HCX barely broke our support levels yesterday, but managed to close above those levels.
Tuesday, August 08, 2000
Have you ever watched a bear size up prey that he deems suitable for dinner?
Sunday, August 06, 2000
The Financials were talking, was anybody listening?
Thursday, August 03, 2000
The COMPX, NDX and INX broke support levels this morning, but the reward/risk ratio for further damage was minimal and fueled short covering.
Tuesday, August 01, 2000
Retail broke support and short covering provided a bounce on Monday for the broader market.
Sunday, July 30, 2000
Several support levels were taken out on Friday and shorts will be looking to cover some positions near-term.
Thursday, July 27, 2000
The CBOE had problems with the CWX index today (1170 is 7/26 close).
Tuesday, July 25, 2000
The IUX broke the 660 level and next resistance appears to be the April 1999 highs.
Sunday, July 23, 2000
If institutions are selling the Oils, they will be putting the money somewhere else.
Thursday, July 20, 2000
Sector Watch for 07/20/00
Tuesday, July 18, 2000
Sector Watch for 07/18/00
Sunday, July 16, 2000
The NDX,SOX and INX took out resistance warranting upgrades.
Thursday, July 13, 2000
Many indicators turned positive Wednesday. Look for pullbacks on profit taking in lower end of trading ranges.
Tuesday, July 11, 2000
The major indices remain mixed, but with a positive bias.
Sunday, July 09, 2000
Preliminary resistance levels were boken, but be careful not to chase overextended stocks.
Thursday, July 06, 2000
Economic data may be what it takes to move the major indices above resistance or through support.
Sunday, July 02, 2000
The DOW Industrials continue to find support at the 10335 level, while the NASDAQ Composite struggles with resistance at 4000.
Thursday, June 29, 2000
Rallies in the major indexes have been met with selling and buyers seem to be hesitant.
Tuesday, June 27, 2000
Not much has changed since Sunday as most of the indices remain at almost identical levels.
Sunday, June 25, 2000
Technology shares ended the week on a sour note, as the NASDAQ got hit for –91 points thanks to weakness in the Internet sector (- 6.28%).
Thursday, June 22, 2000
Like we stated Tuesday, many sectors were reaching key moments, and based on today’s action, it looks as if a failed rally is under way.
Tuesday, June 20, 2000
Technology shares continue to outperform the broad market, as the NASDAQ topped the 4,000 mark on good volume Tuesday.
Sunday, June 18, 2000
Several earnings warnings sent the Dow into a tailspin Friday, as the blue chip index closed down 265 on above-average volume.
Thursday, June 15, 2000
The broad market ended Thursday on a positive note as volume ticked up both on the NYSE and the NASDAQ.
Tuesday, June 13, 2000
A Greenspan inspired rally sent many of the indexes higher Tuesday, as most of Monday’s losses were all wiped out.
Sunday, June 11, 2000
Friday’s PPI ended up being a non-event, and traders must have headed home early for the weekend, as volume on the major indexes dried up substantially.
Thursday, June 08, 2000
A negative earnings announcement by Proctor & Gamble and the Microsoft verdict sent the Dow lower Thursday, as traders used these events as excuses to clear positions ahead of Friday’s Producer Price Index.
Tuesday, June 06, 2000
Stocks suffered some profit taking Tuesday, as a slowing economy hurt Circuit City’s profit outlook, which entail, helped send the Retail Index down with a -3.46% loss.
Sunday, June 04, 2000
Tame inflation numbers sent investors into a buying spree this past week, as the Dow gained +4.9% while the NASDAQ added a stunning +19%.
Thursday, June 01, 2000
The market enjoyed another solid day Thursday, as the NASDAQ climbed +5.34% on volume of 1.596 billion.
Tuesday, May 30, 2000
The NASDAQ was hitting on all cylinders today, as the index set a record for largest percentage gain with a 7.94% advance.
Sunday, May 28, 2000
Friday ended the week on a quiet note, as the major indexes stayed in a narrow trading range throughout the day.
Thursday, May 25, 2000
Thursday’s market action was disappointing, as a lack of follow through from Wednesday’s gain was what the bulls were looking for.
Tuesday, May 23, 2000
No news is equivalent to bad news, as the market has started off the week under pressure.
Sunday, May 21, 2000
Complacency is continuing to kill this market, as investors both large and small watch from the sidelines, while sector after sector breaks down.
Thursday, May 18, 2000
Fears of future rate hikes and a general lack of institutional participation sent the broad market lower Thursday.
Tuesday, May 16, 2000
As expected, the Fed raised rates by 50 basis points, and the relief rally continues.
Sunday, May 14, 2000
Looking ahead, we would expect to see a pick up in volume after the Fed announces the interest rate hike on Tuesday.
Thursday, May 11, 2000
The tail is definitely wagging the dog, as every economic indicator now moves the equity market dramatically up or down.
Tuesday, May 09, 2000
Technology shares put in another poor performance, as the weak hands continue to fold ahead of several major earnings as well as the Fed announcement.
Sunday, May 07, 2000
Broad market indices reversed course Friday following the release of May’s employment report.
Thursday, May 04, 2000
Broad market indices under continued as the DJIA slips under the key 10,500 level again.
Tuesday, May 02, 2000
AT&T’s slow growth coupled with the Microsoft saga helped lead the major indexes down Tuesday, as sectors of “old” and “new” both felt the selling crunch.
Sunday, April 30, 2000
Technology stocks closed out the week on a positive note, as the NASDAQ added another +2.30% in gains on Friday.
Thursday, April 27, 2000
The NASDAQ led the rebound today, as the technology index bounced back strong from an early morning sell-off.
Tuesday, April 25, 2000
The old & new economy stocks both enjoyed a solid day Tuesday, as numerous equities made up the losses from Monday’s Microsoft debacle.
Sunday, April 23, 2000
The battle between the old economy stocks versus the new economy continues, with the blue chippers closing out the week with a victory.
Tuesday, April 18, 2000
The NASDAQ surged for its second straight (point-gain) record, as volume topped 2.1-billion shares.
Sunday, April 16, 2000
Friday’s catastrophe will eventually turn into someone else’s treasure; however, at the moment investors are left in the dust to figure out the brutal losses incurred during this past week.
Thursday, April 13, 2000
The pain continues for the Bulls, as the broad market suffered another staggering loss.
Tuesday, April 11, 2000
The “Old Economy” stocks chalked up another victory, as the Dow remained strong while the NASDAQ suffered more losses.
Sunday, April 09, 2000
This last week was witness to the biggest NASDAQ drop, the biggest intra-day swing, the biggest reversal, and the biggest gainer, which we got on Friday!
Thursday, April 06, 2000
A wild week of trading made Thursday’s action feel very lackluster, however; the major indexes all enjoyed a positive day.
Tuesday, April 04, 2000
The NASDAQ broke a new trading record Tuesday, as the technology index traded 2.88-billion shares.
Sunday, April 02, 2000
Friday’s trading capped off a volatile month, as all indexes gyrated in a fashion that made bull and bears queasy.
Thursday, March 30, 2000
Abby Joseph Cohen, Mark Mobius, Tiger Funds, and plain technical selling has all contributed to this week’s correction, as the NASDAQ chipped in another 4% loss today on heavy selling.
Tuesday, March 28, 2000
A longtime Wall Street Bull helped shake out some weak hands today, as Abby Joseph Cohen reduced her equity exposure by 5% to a mere 65% exposure rate.
Sunday, March 26, 2000
The market put in some solid gains this past week, but Friday’s fade at the end of the day brought some of the major indexes back below key levels.
Thursday, March 23, 2000
The major exchanges witnessed a good rally today; however, it was concentrated within a few big names.
Tuesday, March 21, 2000
Positive remarks from General Electric about their current quarter helped spark a rally today, as investors shrugged off the expected interest rate hike and bought everything across the board.
Sunday, March 19, 2000
The market rallied strong this week off an important support point at the 10,000 level.
Thursday, March 16, 2000
Wow! The Dow Jones Industrial average is had its biggest single point gain after advancing close to 500 points or 5%.
Tuesday, March 14, 2000
Where’s the flight to quality?
Sunday, March 12, 2000
The Dow ended the week under 10k, while the NASDAQ continued to shrug off the blue-chip woes by maintaining the 5,000 mark in good fashion.
Thursday, March 09, 2000
Technology stocks helped lead the broad market higher Thursday, as the NASDAQ closed above the 5,000 mark...
Tuesday, March 07, 2000
Proctor & Gamble helped lead a near 400-point drop in the Dow, as all blue chips were affected by the negative earnings release.
Sunday, March 05, 2000
The employment figures sparked a huge rally on Wall Street, as fears of inflation have subsided, at least for one day anyway.
Thursday, March 02, 2000
It was another big volume day for the NASDAQ, as 2-billion share days are becoming the norm.
Tuesday, February 29, 2000
The broad market as a whole locked in a solid day as the Dow and NASDAQ both climbed higher on good volume.
Sunday, February 27, 2000
The market divergence continues, as the Dow closed below the 10k mark in unfavorable fashion.
Thursday, February 24, 2000
As the Dow momentarily broke below the infamous 10,000 mark, investors flocked to the safe-haven NASDAQ to get relief from those ever sliding blue-chips.
Tuesday, February 22, 2000
Equity markets rebounding after Friday's precipitous sell off.
Sunday, February 20, 2000
After failing to confirm the breakout into record territory on Thursday (2/17) and selling off precipitously on Friday (2/18), we have turned Neutral across the technology group.
Thursday, February 17, 2000
After Nasdaq surge into new territory, we have turned Bullish across select sectors.
Tuesday, February 15, 2000
After selling off more than 11% since its high in January, the DJIA rebounded sharply over the past two days changing our Sector Watch of the blue chips sectors to Neutral.
Sunday, February 13, 2000
Following the potential powerful reversal signal Friday (2/11), we have turned Neutral across the technology group and Bearish across the blue chips and select industry sectors including the Drug and Healthcare.
Thursday, February 10, 2000
A tale of two markets as Technology and Russell 2000 extend record levels while the blue chips drift lower including Drug, Healthcare, Airline and financial stocks.
Tuesday, February 08, 2000
A favorable productivity report and Cisco’s earnings report sparked a broad-based rally sending the Nasdaq further into record territory.
Sunday, February 06, 2000
A favorable interpretation of January's employment report sparked the Nasdaq to close into record territory capping a biggest weekly advance for the technology market (+21%).
Thursday, February 03, 2000
A post-Fed meeting relief rally continued Thursday as the NASDAQ posted its 3rd largest point gain ever on volume of 1.7 billion shares.
Tuesday, February 01, 2000
The pre-Fed relief rally continued Tuesday, with investors picking up shares in all sectors across the board.
Sunday, January 30, 2000
Fears of inflation sent the market into a tailspin Friday; as most sectors closed down significantly, thanks to the stronger than expected Gross Domestic Product and Employment Cost Index.
Thursday, January 27, 2000
Corporate earnings continue to roll in very favorably, however, the market continues on its choppy ways.
Tuesday, January 25, 2000
Strong corporate earnings continue to support this market from being overtaken by the bears; however, with major earnings season soon to be over, what will become everyone’s focus?
Sunday, January 23, 2000
The Nasdaq closed out the week on a higher note, as the technology index nearly traded 2 billion shares Friday.
Thursday, January 20, 2000
The Nasdaq led the way again on Thursday, as the technology index closed up another +39, on massive volume of 1.85 billion.
Tuesday, January 18, 2000
Tuesday’s trading was anything but usual, as the Dow retraced 162 points while the Nasdaq continues on its course with a +66 point gain.
Sunday, January 16, 2000
Intel Inside definitely got inside technology buyers Friday as the Nasdaq romped to another 100+ point gain.
Thursday, January 13, 2000
The Nasdaq had another +100-point day, as technology stocks got a boost in the arm from President Clinton’s afternoon speech.
Tuesday, January 11, 2000
100-point swings on the Nasdaq are becoming a daily occurrence, as the technology index closed down 128 today after making a nice comeback from last week’s sell-off.
Sunday, January 09, 2000
A relief rally was just what the doctor ordered, as all the indexes across the board saw good buying pressure heading into the weekend.
Tuesday, January 06, 2000
The year 2000 is off to a horrendous start for technology stocks, as the Nasdaq got blistered once again Thursday.
Tuesday, January 04, 2000
For those of you who reveled in the New Year, your hangover just got worse, as the broad market got blistered today in a sell-off that will definitely change the sentiment of investors.
Sunday, January 02, 2000
Late day selling left the broad market in negative territory, with the NYSE setting a 52-week low for volume during regular trading days.
Tuesday, December 28, 1999
The Nasdaq flirted with the 4000 mark all day Tuesday but decided to give back the gains within the last ½ hour of trading.
Sunday, December 26, 1999
The Dow is starting off to a very Merry Christmas, as this lagging index finally broke resistance and closed into new record territory.
Tuesday, December 21, 1999
Thanks to the Fed leaving their bias at Neutral, the broad market rallied hard with more records for technology shares.
Sunday, December 19, 1999
The Nasdaq continued its surge Friday on the back of a few select issues, while the Dow closed positive but gave up most of its gains late in the day.
Thursday, December 16, 1999
Technology stocks ignored the sell off in the bond market and continued marching on, as the Nasdaq closed up +2.57% for another all-time high! Sectors that outperformed Thursday include Semiconductors (+4.13%), which also bounced nicely off of its 50-day moving average, Hardware (+2.89%), and the Nasdaq 100 (+2.88%).
Tuesday, December 14, 1999
The Nasdaq party has momentarily stopped, thanks to the efforts of the bond market.
Sunday, December 12, 1999
The Nasdaq continues to march on, breaking new records on record breaking volume.
Thursday, December 9, 1999
The Linux craze continued to sweep the market Thursday, as the Nasdaq closed up again on record breaking volume.
Tuesday, December 7, 1999
Yahoo led the Nasdaq to another all time high on volume of 1.5 billion, while the Dow and S&P’s divergence from technology continues.
Sunday, December 5, 1999
Favorable employment report has the equity markets surging with several indices reaching new 52-week high.
Thursday, December 2, 1999
Technology stocks bounced back with a vengeance, as the Nasdaq broke a new 52-week high.
Tuesday, November 30, 1999
POSTURE ALERT!! Technology stocks ended November in poor fashion, however, they did top off a solid month of gains.
Sunday, November 28, 1999
The holiday gave everyone an opportunity to say thanks, especially those of us who have been long technology stocks.
Tuesday, November 23, 1999
Tuesday finally brought out some profit taking, as the broad market sold off on decent volume.
Sunday, November 21, 1999
With large inflows of new money, record breaking volume and higher highs continue for technology sectors across the board.
Thursday, November 18, 1999
The Nasdaq continues to blaze, setting another new record and once again, on very heavy volume.
Tuesday, November 16, 1999
The market continues on its tear, even though interest rates were propped up again today.
Sunday, November 14, 1999
Buying the dips is in full effect, as the Nasdaq rebounded Friday afternoon from earlier losses, to make it 10 records in 11 days.
Thursday, November 11, 1999
The Nasdaq made it 9 out of 10 record days, which is a pretty good batting average for any player let alone and index.
Tuesday, November 9, 1999
The Nasdaq continues to show great strength, but finally took a breather on Tuesday, closing down only –18.
Sunday, November 7, 1999
The Nasdaq continues to lead this market higher, as it powered up another +46 to close above 3100 mark.
Thursday, November 4, 1999
Technology continues to dominate this market while individual investors have gained tremendous confidence, and as such, have destroyed the short sellers.
Tuesday, November 2, 1999
Profit taking continued Tuesday, even though the Nasdaq broke the 3000 barrier midday.
Sunday, October 31, 1999
The bears continued to run and hide, as Friday ended an extremely volatile October.
Thursday, October 28, 1999
Thursday's relief rally, sparked by this mornings economic indicators, were of substantial size, with the NYSE trading 1.13 billion shares and the Nasdaq trading 1.25 billion.
Tuesday, October 26, 1999
Apart from the Dow going digital, Tuesday’s trading activity was very blasé.
Sunday, October 24, 1999
The relief rally continued, as the broad market rallied to end the week strong.
Thursday, October 21, 1999
The broad market looked ugly this morning, but investors seemed to shrug off IBM’s earnings woes, as the market closed well off of its lows.
Tuesday, October 19, 1999
flight to quality was evident today, as big name technology stocks sold-off (TXN, MSFT, INTC) while the Drug and Healthcare sectors each posted 4.50% gains.
Friday, October 17, 1999
The breakdown continues, as the posture board got lit up Friday with no winners in site.
Thursday, October 14, 1999
The yield on the 30-year treasury continues to make new highs, and as such, this market continues on its roller coaster ride down.
Tuesday, October 12, 1999
Higher interest rates and a falling dollar led to a broad market sell-off Tuesday.
Sunday, October 10, 1999
Friday ended on a positive note as Walmart and Home Depot led the Retail sector to a +4.34% gain.
Thursday, October 7, 1999
Yahoo led all the technology stocks to strong gains in the morning, but by afternoon, only the Internet sector stayed in positive territory, posting a +1.89% gain.
Tuesday, October 5, 1999
Buy-the-rumor, sell-the-news mentality was in full effect today, as the broad market sold off after the Fed made their announcement to leave rates alone, yet change their neutral bias to a tightening bias.
Sunday, October 3, 1999
The bears won the 1st day of October, but as the tug of war continues, the bulls refused to let stocks get too cheap.
Thursday, September 30, 1999
Window-dressing was the name of the game today, as money managers shifted equities around to make their funds look better than their true performance.
Tuesday, September 28, 1999
The tug-of-war continues, with the bears spoiling the party on Monday afternoon, followed by Tuesday’s reversal led by the bulls.
Sunday, September 26, 1999
The battle between the bulls and bears continue, with the latter winning another day.
Thursday, September 23, 1999
Drew Ballmer-span really socked it to the market this afternoon.
Tuesday, September 21, 1999
Tuesday’s action saw all indexes across the board in negative territory, and most with 2-3% drops.
Sunday, September 19, 1999
Triple witching Friday brought nice buying across the board, as investors snatched up just about everything, expect airlines and internet stocks.
Thursday, September 16, 1999
Hurricanes, hedge funds, insurance companies, whatever the excuse, sector after sector is slowly breaking down.
Tuesday, September 14, 1999
Hurricane Floyd continues to dampen insurance stocks, as that sector was down another -1.95% on Tuesday.
Sunday, September 12, 1999
Friday’s Producer Price Index helped technology stocks and the Nasdaq break into new highs.
Thursday, September 9, 1999
Thursday’s action brought back some of the losses from the previous two trading days.
Tuesday, September 7, 1999
After Friday's (9/3) explosive rally, today's follow through was disappointing and although technology issues led the way, several key industry sectors are actually turning down below its decline moving average.
Sunday, September 5, 1999
Friday’s monster gain marked a record for the Nasdaq, which closed up +108.87 or +3.98%.
Thursday, September 2, 1999
The market continues to be locked in a narrow trading range, as the posture board’s closings were almost identical to Tuesday’s.