Good evening StockBandits!

The market edged higher again today, and although the gains were rather tame, each of them closed at their highs of the session. [Read more…]

Good evening StockBandits!

Strength colored the day green across the board today as stocks lifted right out of the gate and then held onto their early gains. [Read more…]

Good evening StockBandits!

The indexes rallied back last week after the prior week’s selloff. [Read more…]

Good evening StockBandits!

Today we saw the market lose some steam as the relief rally slowed considerably, pointing perhaps to some short-term fatigue – and understandably so. [Read more…]

Good evening StockBandits!

Today stocks continued the relief rally which began Friday with 1% gains across the board. [Read more…]

Good evening StockBandits!

Today the new week kicked off with modest gains across the board as the indexes attempted to build on Friday’s advance. [Read more…]

Good evening StockBandits!

Last week can best be described as damaging.  We saw a nasty breakdown in gold and the deepest market pullback since the lows were established back in mid November. [Read more…]

Good evening StockBandits!

The rebound we saw Tuesday came with questionable volume, only a partial recovery of Monday’s losses, and painted inside bars on the daily charts – all of which last night I outlined here as faults which shouldn’t be ignored. [Read more…]

Good evening StockBandits!

The market stopped the bleeding today on the heels of a nasty selloff on Monday. [Read more…]

Good evening StockBandits!

The headliner move of the day was that of gold as the /YG futures gave up more than 10% today on the heels of Friday’s breakdown (displayed here over the weekend via GLD, the gold ETF).  Stocks suffered as well as early weakness prompted by weak Chinese econ. data eventually led to the market’s worst day since November 7th. [Read more…]