-
Daily Insight - Feb 9, 2010 3:30pmWith news that Germany is planning an aid package for Greece and Coca Cola's earnings were stellar, markets have gapped up to rally to their respective declining midpoints. As such, a pivotal day is set for Wednesday be...
-
Daily Insight - Feb 8, 2010 3:30pmAs said on Friday, the scenario that if the indices "cannot garner sufficient strength" in Monday's first hour, then further weakness will continue to develop accordingly. Markets are still bearish and is seemingly bidi...
-
Daily Insight - Feb 5, 2010 3:30pmMarkets has basically reversed its intraday losses in the last hour and we shall see how it finishes for the day. A move back down to anything like minus 70 Dow points or more will maintain the negatives whereas an even...
-
Daily Insight - Feb 4, 2010 3:30pmOur "pivotal" day arrived as advertised and that is the power of midpoints to help "push" prices lower. Markets have broken below last Friday's low and a resumption of the decline as well as a new down-leg is now in for...
-
Daily Insight - Feb 3, 2010 3:30pmMarkets remain at their respective midpoints and today could be just a "pause" day before we see if prices can reverse off the midpoints or break higher over it so that the current downtrend is aborted. "Patience my gra...
-
Daily Insight - Feb 2, 2010 3:30pmMarkets have rallied back to their respective midpoints and this is where we expect resistance especially with the COMPX which also has the 2200.00 horizontal trendline to contend with. "Day Trader" had no trades with GLW...
-
Daily Insight - Feb 1, 2010 3:30pmMarkets have staged a reflex bounce but as they have not negated last Friday's vector nor shown more upside potential after last week's big decline, lower prices are expected."Day Trader" had no trades with IBM or US Stee...
-
Daily Insight - Jan 29, 2010 3:30pmMarkets have broken through Thursday's lows and lower prices are expected, more for the SPX.X and less for the COMPX as it is closer to its lower TFTF boundary. "Day Trader" is up $0.45 odd cents with MU and has no trade...
-
Daily Insight - Jan 28, 2010 10:50amMarkets are still "consolidating at the lows" but as prices are near the lower boundary of this consolidation, further losses today, (like down over 100 Dow points), will mark the resumption of the downtrend. Markets ...
-
Daily Insight - Jan 27, 2010 3:30pmMarkets remain in its well defined "consolidation at the lows" while waiting for its declining red-colored midpoints. QCOM, LSI, and ISIL will release results after the close. "Day Trader" was correct in his assessment...
-
Daily Insight - Jan 26, 2010 3:30pmMarkets are "consolidating at the lows" and regardless of the big swings off AAPL, the SPX.X and the COMPX remains weak. YHOO and RFMD takes center stage after the close. "Day Trader" had no trades and will discuss his...
-
Daily Insight - Jan 25, 2010 3:30pmAs Friday's vector is not negated and that the major indices are seemingly "consolidating at the lows" as well as exhibiting the second consecutive day below its now declining midpoints, lower prices are expected. The ...
-
Daily Insight - Jan 22, 2010 3:30pmThe primary rally is over and the trend is now down. Events have unfolded the way we had anticipated and unless one is trading with our TFTF methods, don't try to catch falling swords. "Day Trader" nailed AMD as he was...
-
Daily Insight - Jan 21, 2010 3:30pmBoth the SPX and COMPQ have broken below primary support and unlike Wednesday, today's inability to climb back to the midpoint of today's vector could "seal the deal" which would give us the beginning of a new down-leg.Â...
-
Daily Insight - Jan 20, 2010 1:15pm***Early Update 1:15pm** With IBM being punished after releasing stellar results, the major indice are all under pressure. The SPX and COMPQ are on the verge of breaking down into a lower consolidation zone especially ...
-
Daily Insight - Jan 19, 2010 3:30pmMarkets have rebounded with IBM and US Steel leading the way and both the SPX and NDX.X are in stronger technical shape. The former stock will be releasing earnings after the close and this could be the catalyst needed...
-
Daily Insight - Jan 15, 2010 3:30pmMarkets are down to supporting levels and a break of today's lows could usher in a new down-leg. Please be aware that a lot of techs, especially the semiconductor sector, have already begun primary downtrends. "Day T...
-
Daily Insight - Jan 14, 2010 3:30pmMarkets are performing as expected and the uptrend continues. New highs will be made especially if INTC does not disappoint in a big way after today's close."Day Trader" is up $0.30 cents with CSCO and had no trades wi...
-
Daily Insight - Jan 13, 2010 3:30pmMarkets has bounced back, negated Tuesday's down vector, and has resumed its uptrend. Markets are seemingly trying to close at the daily highs and if it succeeds, higher prices are expected."Day Trader" had no trades wit...
-
Daily Insight - Jan 12, 2010 3:30pmWith AA disappointing, today's expected decline allowed the SPX.X to revert back to its midpoints and for the COMPX to bounce off its 20-day moving average. What is well perceived by the Bulls about this drop is that p...