Before the Open (Jul 22-26)

Good morning. Happy Friday. The Asian/Pacific markets leaned to the upside. China, South Korea, India, Australia, Indonesia, Thailand and the Philippines did well; Japan and Taiwan were weak. Europe, Africa and the Middle East lean to the upside. The UK, France, the UAE, Finland, Switzerland, Norway and Hungary are leading. Futures in the States point […]

Before the Open (Jul 15-19)

Good morning. Happy Friday. The Asian/Pacific markets were weak. The Philippines did well, but Hong Kong, South Korea, India, Taiwan and Australia posted big losses. Europe, Africa and the Middle East are mostly down. Denmark is doing well, but the UK, Poland, France, Germany, South Africa, Finland, the Netherlands, Spain, Italy and Sweden are down. […]

The Internals Have Surged, Participation Has Broadened Out

After negatively diverging from the the S&P and Nasdaq, breadth surged last week. Let’s quickly run through a few charts. The 10, 20 and 50-day MAs of the NYSE AD line are trending up and are at 1-3 month highs. The cumulative AD line broke out and surged to a new high. The 10 and […]

Before the Open (Jul 8-12)

Good morning. Happy Friday. The Asian/Pacific markets leaned to the upside. Hong Kong, India and Australia did well while Japan, South Korea and Taiwan were weak. Europe, Africa and the Middle East are currently mostly up. France, Switzerland, Norway, Hungary, Italy and Sweden are leading. Futures in the States are mixed. The Nasdaq is down; […]

Before the Open (Jul 1-5)

Good morning. Happy Friday. The Asian/Pacific markets leaned were split. South Korea, Indonesia and Thailand did well; Hong Kong and Singapore were weak. Europe, Africa and the Middle East are currently mostly up but little changed. Germany, Denmark and the Netherlands are leading. Futures in the States point towards a positive open for the cash […]

The Conditions are Not Present to Repeat 2000-2003

There’s no shortage of gloom-and-doomers out there. Some are calling for a stiff bear market; others fully believe a Dot-Com-like crash is in the works. But for those of us who were active in the market in 2000, we know the current situation is vastly different than back then. The biggest difference is the types […]

Before the Open (Jun 24-28)

Good morning. Happy Friday. The Asian/Pacific markets leaned to the upside. Japan, China, Taiwan and Indonesia did well; Thailand was weak. Europe, Africa and the Middle East currently lean up. Poland, the UAE, Greece, South Africa, Norway, Hungary and the Czech Republic are doing well; France and Portugal are weak. Futures in the States point […]