As I mentioned yesterday, with several of the major indexes near 52 week highs, I am skeptical about stocks as a whole breaking down. Today’s headline in the business section… read more →
At the end of a wildly volatile day, the major indexes ended positive with the exception of the NASDAQ Composite, the small cap indexes and the SOX. Anyone who caught… read more →
Friday was yet another distribution day for the NASDAQ Composite. In spite of the selling, the Composite remains within the trading range between my critical support level of 4000 and… read more →
Thanks to those that joined live on this week’s HGSI Doc Top Down Review. As usual, I begin with a short Powerpoint, followed by reviewing the past week with a… read more →
Join Dr. Jeffrey Scott, the HGSI Stock Doc as he goes thru his weekly process of finding today’s and tomorrow’s leaders with Top Down and Bottoms up analysis. See how… read more →
Apple propped up the NASDAQ and NDX yesterday for a 21.37 gain, but it was still a distribution day for the indexes. I believe this is true because the Composite… read more →
The bounce away from the 4000 level on the NASDAQ continued yesterday on light volume. European markets were closed due to their Easter holiday which, I assume, contributed to the… read more →
We got the expected BOUNCE. Now what? The small stocks are fighting in a counter trend rally while the large stocks look like they want to go to new highs. … read more →
Join the Discussion with Ian Woodward, Ron Brown, and the community of HGSI Investment Software users on Monday April 21 at 4:30pm Eastern Time (US and Canada) REGISTER We will… read more →
After Tuesday’s reversal, the Composite continued higher to gain 1.3% for the day. The index closed at 99.89% of its daily range, which tells us that buyers were strong into… read more →