Good evening StockBandits!

Some post-July 4th profit-taking kicked in last week to remind traders that the market is still capable of moving in both directions, although [Read more…]

Good evening StockBandits!

European concerns weighed on the market this morning to trigger a significant downside gap, but it ended up simply being a case of the bulls running late for work. [Read more…]

Good evening StockBandits!

The market stopped its losing streak at 2 with a modest bounce today, and the bulls went home feeling a little better after their post-Independence Day slip. It’s not as if the bulls have a lot to prove, but now the attention turns to [Read more…]

Good evening StockBandits!

The selling seen during yesterday’s session in small caps kept up today, but for the most part it had little effect on the blue chips Monday. That changed today as [Read more…]

Good evening StockBandits!

The green pixels on screens market-wide took the day off as stocks pulled back to kick off the new week.  The small-cap RUT and NAZ each saw steady trend days on the downside, while the blue-chip DJIA and S&P 500 saw early weakness followed by choppy afternoon action [Read more…]

Good evening StockBandits!

Hope your 4th was fantastic. We celebrate freedoms here which came at hefty prices, so if you currently serve or have ever served in the military, please know that I appreciate you!

The market sure moved freely last week, uninhibited by reduced volume and a holiday-shortened week, and each of the indexes were able to make new highs for their current rallies before it was all said and done. [Read more…]

Good evening StockBandits!

The World Cup is over for Americans, the market just ramped in front of a 3 1/2 day holiday weekend, and now traders are more concerned with gearing up for pool parties and backyard barbecues than the market. At least that’s what we saw today, as severe attention deficit hit the market. That translated into limited movement, minor net changes, and diminished volume. [Read more…]

Good evening StockBandits!

The major averages jumped right out of the gate today with an upside gap and a straight-up move for the first four hours of the session. The roman candle-like vertical move took [Read more…]

Good evening StockBandits!

The first half of 2014 is over, and we now make the turn toward home [Read more…]

Good evening StockBandits!

The averages finished last week mixed, but a Friday bounce left the NAZ, S&P, and RUT facing upside tests of their recent highs [Read more…]