by Serge Berger | Jun 3, 2011 | Uncategorized
Look at the XLF (blue line) leading the SPY up and away today so far.
by Serge Berger | Jun 2, 2011 | Uncategorized
It goes without saying, yesterday's market action was ugly. The clearest signal of further risk aversion in my mind came with the fake breakout higher on Tuesday, the last day of May. In hindsight it is now clear month-end games were in high gear last...
by Serge Berger | Jun 1, 2011 | Uncategorized
The most recent stock market rally that started on May 25th continued in full force yesterday, Tuesday May 31st. While end of month forces may have been at work, it speaks positive nontheless. The major U.S. equity indices closed at the highs of the day and as...
by Serge Berger | Apr 21, 2011 | Uncategorized
http://steadytrader.wpengine.com/video-2/april-2011-2/
by Serge Berger | Apr 21, 2011 | Uncategorized
As I've been discussing with Premium Members over the past week or so, the S&P 500 is starting to get into a position for a nice move higher, potentially as high as 1440. On the chart below let's notice a few key parts. First, the 50%...