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  • Feb 26, 2010

    Daily Insight - Feb 26, 2010 3:30pmMarkets are still churning around their midpoints and the 50-day moving average so for now, patience is warranted until a break materializes.  More of the same low volatility is seen into the close. Agilent finally paid...

  • Feb 25, 2010

    Daily Insight - Feb 25, 2010 3:30pmMarkets have rebounded from its morning lows as both the SPX and COMPX "supported and bounced" off major horizontal trendlines. But since prices are still not in the green in the last half hour and churning around their ...

  • Feb 24, 2010

    Daily Insight - Feb 24, 2010 3:30pmMarkets are staging a pausing vector as it is limited in range with most prices remaining within Tuesday's range.  So with yesterday's assessment still valid at this point in time, patience is warranted as the indices s...

  • Feb 23, 2010

    Daily Insight - Feb 23, 2010 3:30pmMarkets have retreated back to their rising midpoints and we will wait to see how the indices close as they seem to be in a pivotal state.  In other words, the upside is contained by an intermediate-term 50-day moving a...

  • Feb 22, 2010

    Daily Insight - Feb 22, 2010 3:30pmMarkets are "consolidating at the highs" as both the SPX.X and COMPX have limited movement in its daily range.  This action allows the upper TFTF levels and midpoints to rise higher so that higher prices have good room ...

  • Feb 19, 2010

    Daily Insight - Feb 19, 2010 3:30pmMarkets are seemingly "consolidating at the highs" as the SPX.X targets the 1115.00 trendline while the COMPX heads towards its upper TFTF line.  Higher prices are expected as the indices ignore the rate hike and has no...

  • Feb 18, 2010

    Daily Insight - Feb 18, 2010 3:30pmMarkets are higher as the SPX.X targets the 1115.00 trendline and COMPX heads towards its upper TFTF boundary of 2265.00. Higher prices are most likely for the latter index as it breaks out of its consolidation while the...

  • Feb 17, 2010

    Daily Insight - Feb 17, 2010 3:30pmAs both the SPX.X and COMPX did not negate Tuesday's rising vector and the fact that their respective prices are exhibiting the second consecutive day above the midpoints, the return to a sideways consolidation is confir...

  • Feb 16, 2010

    Daily Insight - Feb 16, 2010 3:30pmAs proposed, a sideways consolidation has become the dominant chart pattern for both the SPX.X and COMPX.  So unless today's vector is negated on Wednesday, the recent declining phase has ended with prices content to st...

  • Feb 12, 2010

    Daily Insight - Feb 12, 2010 3:30pmSo with the markets reversing this Friday morning's opening slide, and the fact that the indices are trading more near the daily high than the low, the sideways consolidation is seemingly on track to be the dominant char...

  • Feb 11, 2010

    Daily Insight - Feb 11, 2010 3:30pmToday's pivotal day is seemingly to the positive side as the major indices are trading above their respective midpoints.  This tells us that instead of a resumption of the decline, prices are now content to move in a si...

  • Feb 10, 2010

    Daily Insight - Feb 10, 2010 3:30pmThe pivotal day that we expected for today did not materialized and instead we got a "pause" day.  Markets went down, came back up, and is now basically flat into the last half hour.  So the pivotal day is now pushed f...

  • Feb 9, 2010

    Daily Insight - Feb 9, 2010 3:30pmWith news that Germany is planning an aid package for Greece and Coca Cola's earnings were stellar, markets have gapped up to rally to their respective declining midpoints.  As such, a pivotal day is set for Wednesday be...

  • Feb 8, 2010

    Daily Insight - Feb 8, 2010 3:30pmAs said on Friday, the scenario that if the indices "cannot garner sufficient strength" in Monday's first hour, then further weakness will continue to develop accordingly.  Markets are still bearish and is seemingly bidi...

  • Feb 5, 2010

    Daily Insight - Feb 5, 2010 3:30pmMarkets has basically reversed its intraday losses in the last hour and we shall see how it finishes for the day.  A move back down to anything like minus 70 Dow points or more will maintain the negatives whereas an even...

  • Feb 4, 2010

    Daily Insight - Feb 4, 2010 3:30pmOur "pivotal" day arrived as advertised and that is the power of midpoints to help "push" prices lower.  Markets have broken below last Friday's low and a resumption of the decline as well as a new down-leg is now in for...

  • Feb 3, 2010

    Daily Insight - Feb 3, 2010 3:30pmMarkets remain at their respective midpoints and today could be just a "pause" day before we see if prices can reverse off the midpoints or break higher over it so that the current downtrend is aborted.  "Patience my gra...

  • Feb 2, 2010

    Daily Insight - Feb 2, 2010 3:30pmMarkets have rallied back to their respective midpoints and this is where we expect resistance especially with the COMPX which also has the 2200.00 horizontal trendline to contend with. "Day Trader" had no trades with GLW...

  • Feb 1, 2010

    Daily Insight - Feb 1, 2010 3:30pmMarkets have staged a reflex bounce but as they have not negated last Friday's vector nor shown more upside potential after last week's big decline, lower prices are expected."Day Trader" had no trades with IBM or US Stee...
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