July 11, 2011 – 08:40 am EDT I hope all our American readers had a fantastic independence day. Sorry about my absence last week, I am incredibly busy at the moment with a few other business projects as well as training for the Auckland Marathon in October. To the markets… The pocket of safety we ...…
June 27, 2011 – 08:05 am EDT There was a churning around support levels over the last week. Impressive action was seen from the small caps which is some good news in a world where everything looks bearish. Lets take a closer look… ** Wow, big growth in our number of subscribers over the last ...…
June 20, 2011 – 08:55 am EDT The declines slowed over the last week in several areas of the market as support levels were encountered. Some major damage has been done however due to failure at some significant levels and escalating bearish volume. Lets take a closer look… . ETF % Change Comparison . SMH ...…
June 13, 2011 – 09:10 am EDT The market continued its slide over the last week and there was nothing pretty about it. Lets take a closer look… . ETF % Change Comparison . Those are some ugly stats! IWM just made a lower low and saw the biggest declines for the week while DIA ...…
All was looking positive on Tuesday with the market posting some nice steady gains. However by Wednesdays close it was clear that the market was behaving in a manor we have not witnessed for some time. Come Friday, all of the major support levels we have been monitoring were lost and we moved mostly to cash.…
May 31, 2011 – 07:15 am EDT It was great week to put ones patience and intestinal fortitude to the test. We were very close to closing out our bullish positions but the criteria set out was not quite achieved. Lets take a closer look… ** Keep spreading the word, we continue to grow that’s ...…
I was MIA last week sorry! Was at the comedy festival and the festivities became more involved than anticipated. Any way the market has not moved far since we last spoke although it is certainly looking weaker than it was.…
It was a nerve testing week for many people as the market took back some of its recent gains. I have seen dozens of headlines from different Gurus recently saying that the market has peaked and that the inevitable implosion is imminent. While an implosion may be inevitable there are few signs that it is going to happen just yet.…
It was new highs across the board this week and nothing particularly out of the ordinary to be honest.…
It gets a little bit spooky when the market behaves exactly as anticipated over such a prolonged period. For the last few months she has been particularly predictable and that always leaves me feeling on edge.…
