Market Commentary – Sep 2, 2010
The averages cleared more hurdles today as the DOW cleared resistance from its 20 & 50-Day MA’s… The S&P cleared resistance from its 20, 40 & 50-Day MA’s… and the [...]
Coach BD
4:24 pm, 09/02/2010
Market Commentary – SEP 1, 2010
Close The indices rallied into the close and the DOW closed above its 50-Day MA. All of the averages closed near the top of the range for the day. That’s [...]
Coach BD
1:16 pm, 09/01/2010
Market Commentary – MON 8/30/2010
The week preceding the Labor Day weekend is one of the slowest of the year. It can also be accompanied by some significant volatility. This is the reason we normally [...]
Coach BD
12:59 pm, 08/30/2010
Market Commentary – AUG 2, 2010
Midday Today could be a defining close for a reversal to the upside. All averages are back above their respective 200-Day MA’s. The last hour will tell the story, and [...]
Coach BD
2:25 pm, 08/02/2010
Market Commentary – JULY 28, 2010
Although the recent rally has been welcome, as both the DOW and NAZ broke above their respective 200-Day MA’s, they both did so on declining volume. Adding to our caution [...]
Coach BD
5:08 pm, 07/28/2010
Market Commentary – JULY 22, 2010
Following four consecutive failed attempts by the DOW last week to breakout (BO) above its 200-Day MA, which culminated in a high volume sell-off on Friday… Today we are watching [...]
Coach BD
3:05 pm, 07/22/2010
Market Commentary – JULY 20, 2010
All the averages rallied back above some significant ST resistance today on increased volume but there is still significant resistance above yet to overcome. Let’s watch and hope we get [...]
Coach BD
8:15 pm, 07/20/2010
Midday Market Commentary – July 14, 2010
Midday – WED 7/14/2010 Watching the averages closely as this is 2nd consecutive day that the DOW has bounced lower off of its 200-Day MA and the S&P has bounced [...]
Coach BD
2:42 pm, 07/14/2010
Trade Coach Model Portfolio Candidates
Trade Coach Model Portfolio Candidates One of our daily research routines is to search for Long-Term Straddle candidates. As described in the ‘Straddle Strategy’ section, I personally use a scan in TC2000, [...]
Coach Fitzg
2:08 pm, 07/14/2010
Market Commentary – July 7, 2010
A one-day rally does not a trend make. The volume was lackluster. The DOW & S&P closed back above their respective 10-Day MA’s but the NAZ didn’t… instead it closed [...]
Coach BD
4:25 pm, 07/07/2010