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By Robert McCurtain |
June 29, 2012
Strong gains in overnight trading in E-mini futures could carry over into Friday strength.
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By Robert McCurtain |
June 28, 2012
Major indexes tacked on small gains Wednesday on heels of Monday’s strength.
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By Robert McCurtain |
June 27, 2012
Small upward bounces surfaced in major indexes Tuesday on diminishing volume. Activity was off about 5%, and the average share price rose 50 cents to $56.64.
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By Robert McCurtain |
June 26, 2012
Further selling in major indexes Monday brought the broad market to the verge of a negative reversal on on the minor cycle.
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By Robert McCurtain |
June 24, 2012
Weekly Review: Major indexes closed mixed last week, but the overall market tone was negative despite some indexes managing small gains.
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By Robert McCurtain |
June 22, 2012
Major indexes suffered sharp losses Wednesday on NYSE trading volume that rose nearly 16%.
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By Robert McCurtain |
June 21, 2012
Major indexes closed mixed Wednesday. Once again, following an intraday high just after 1 p.m., sellers stepped in and faded the S&P 500 nearly six points into day’s close.
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By Robert McCurtain |
June 20, 2012
Even if further short-term gains develop in the stock market, as long as the S&P 500 remains below the upper edge of the 10-week price channel, larger cycle remains negative.
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By Robert McCurtain |
June 19, 2012
Major indexes closed mixed Monday with S&P up a bit, Dow Jones Industrials down a bit, and the Nasdaq and Value Line indexex slightly ahead.
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By Robert McCurtain |
June 17, 2012
The stock market demonstrated strength last week. However, some technicals remain suspect. Price action and participation over the next few days will be key.