Good evening StockBandits!

This morning we got what looked just like Monday’s action with an early dip and a V-shaped bounce. [Read more…]

Good evening StockBandits!

The indexes had a shot at rolling over today, but shook off some early selling and rallied back to finish only fractionally lower on the day.  The pullbacks of the past few days have been very shallow, which [Read more…]

Good evening StockBandits!

The bull turned 5 last week, which is quite a feat.  The run off the March 2009 low has been nothing short of amazing. [Read more…]

Good evening StockBandits!

Stocks took a much-needed breather today, pausing to rehydrate after Tuesday’s fat gains. [Read more…]

Good evening StockBandits!

Teflon was developed by DuPont as a non-stick surface.  In the case of a personality – or this market – it describes the way in which criticism fails to stick.  The bears can point to [Read more…]

Good evening StockBandits!

The market gapped lower this morning after the weekend Russia/Ukraine concerns, leaving traders on the fence when deciding whether or not to buy the dip. [Read more…]

Good evening StockBandits!

Sometimes the market needs to break out before it can correct.  We may have just seen that occur, although [Read more…]

Good evening StockBandits!

Afternoon weakness has quickly become the new routine, and today we saw it again for the fourth straight session. [Read more…]

Good evening StockBandits!

Stocks found rejection at key resistance areas today, unable to clear important zones of resistance.  The S&P 500 again failed to hold 1850, the RUT was unable to break 1182 once more, and the DJIA fell back to the 16174 area. [Read more…]

Good evening StockBandits!

The weak finish on Friday gave the appearance of a tired market, but today it kicked off the new week with ample strength.  Each of the averages posted solid gains, although [Read more…]