Friday, April 19, 2013 Stock Market Commentary The market rally is under pressure as we are beginning to see elevated levels of distribution across the board. We are also entering the “Sell in May” time-frame which has worked almost perfectly over the past three years. Since 2010, the DJIA has fallen 800 points in the latter of…
Friday, April 12, 2013 Stock Market Commentary: The market remains in a confirmed rally as the bulls showed up and quickly quelled the bearish pressure from the first week of April. So far, we have seen two very mild pullbacks in the S&P 500, both very shallow in size (<3%) and scope (less than 2…
Friday, April 04, 2013 Stock Market Commentary: The current rally is under pressure as distribution (institutional selling) spiked higher in the first week of the second quarter. The elevated distribution sent a slew of leading stocks and market indexes below their respective 50 DMA lines. Defense is paramount until the market can make its next move. So far,…
Friday, March 28, 2013 Stock Market Commentary: Stocks ended higher last week as Cyprus woes eased and stocks enjoyed their largest first quarter gain in years. So far the action in the major averages remains very strong as the number of distribution days (i.e. institutional selling) remains limited and the last pullback was shallow in size and…