Bearish

Here is an update of the cycle chart I posted on my blog. When I originally posted I mentioned this chart has defined many of the major key reversal dates in the market. The only one that didn't work to perfection was last May. It happened to mark a… Continue

Update 10/21/2009:
Put a different spin on it this time. Matched up the rallies. We should be close to a turnaround.

… Continue

http://stockjockz.blogspot.com

Typically a white candle (where the market gaps down and closes above the open) is one of my favorite bullish candles. A black candle is just the opposite. Nothing is for sure in the market, we know this, however typically a black candle is a topping candle, especially if it has a shooting star formation. Although the SPX looks nothing like this, the NASDAQ is showing relative underperformance with a bla… Continue

http://stockjockz.blogspot.com

It seems I have the most time on Sundays to do a post on the blog. So expect a weekly update, and if I have time I will come up posts of interesting items I find during the week. I have another post scheduled highlighting good individual stock opportunities, however I don't see myself posting that today because I still need to research them further.

Market Summary

To start off we had a very inte… Continue

My latest post over at http://stockjockz.blogspot.com

This market obviously has a lot of people frustrated, myself included. It's getting to the point where we are all trained to buy every single dip. It seems no one is paying attention to longer time frame charts, an intraday pullback of .5% is all that is needed to rally the market forward 3-4%. Will it ever end? The rallies of 2003 sure didn't, and it sure feels like we are back on… Continue