First, the good news: The sell-off in the market last week provided many opportunities to sell puts into price declines. The bad news? The weekly trend analysis of the major indices has shifted predominantly negative, with the Dow Jones Industrials in particular not even showing a hint of green.
Barring an immediate and substantial [...]
What more is there to say about the market except that it’s trending up? This is once again confirmed by the weekly trend analysis charts of the major indices, which are almost exclusively green – from the short-term trends to the longer term.
The trend analysis for a listing of popular blue chips [...]
To the frustration of both bulls and bears the market made little progress this past week, up or down. This continues to be consistent with a consolidation of the current trend, and is reflected in the weekly trend analyses of all of the major indices, which are now all in sync showing a mixed, but [...]
For the most part the market went sideways last week, which is consistent with a consolidation – or at least the beginning of one – of the current uptrend. The current trend analysis of the major indices supports this, with only a few short-term red downtrends marring otherwise all-green charts.
Except, that is, [...]
