October 2007 Archives

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

| 2 Comments

The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching.

On Today's Calendar:

  • 10:00 -- New Home Sales

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-25

| 2 Comments | 1 TrackBack

Watchlist for October 24, 2007

| 1 Comment

Ya gotta love these alternating gaps during earnings season. I'm reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop...

On Today's Calendar:

  • 10:00 -- Existing Home Sales
  • 10:30 -- Crude Inventories

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

October 31, 2007 Stock Market Recap

The bulls supposedly didn't get all that it wanted from the Federal Reserve today but you'd never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change.


The S&P is approaching resistance from its all-time highs again. Will the third try at this zone be the charm? Some might argue that the index is making a cup & handle here. If it is, watch for the breakout.


The potential breakout looks more impressive on the long term chart -- 800 points down = 800 points up from here? Or will resistance hold?


The small caps continue to bring up the rear...


Trend Table


TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I'm simply using the indices' relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.

Recent Links

links for 2007-10-31

links for 2007-10-30

Watchlist for October 29, 2007

As usual, I'm taking off ahead of the Fed decision. Look for a chart update after the big bad event...

On Today's Calendar:

  • nothing

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

links for 2007-10-29

links for 2007-10-27

Watchlist for October 26, 2007

| 1 Comment

The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We're set for a gap up this morning, so it looks like we'll finally get some follow-through from all these 50 DMA tests.

On Today's Calendar:

  • 10:00 -- Mich Sentiment-Rev.

More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic

Potential swing trades:

Watchlist for October 25, 2007

|