An Oversold Bounce is One Thing – A Bullish Breadth Thrust is Another

Panic selling and oversold extremes gave way to a rip higher last week. Stocks are poised to open strong on Monday as

The Best Five Sectors, #15

Healthcare Re-Enters the Top 5 After a wild week in the markets, the sector ranking got quite a shake-up. Although only one sector

DP Trading Room: SPX Earnings Update

The market has been overvalued for some time but how overvalued is it? Today Carl brings his earnings chart to demonstrate how

Bullish Percent Index Confirms Short-Term Rebound

One of my favorite market breadth indicators remained in an extreme bearish reading through the end of last week, standing in stark

The Bottom is Here or Rapidly Approaching

I pay attention to technical support levels as the combination of price support/resistance is always my primary stock market indicator. We’re

Week Ahead: NIFTY May Continue Staying Volatile; Focus On These Levels

The previous weekly note categorically mentioned that while the markets may continue to decline, the Indian equities are set to outperform its