The Heat Gauge was in CHILLY territory for most of the session on Thursday, and once again the bulls have…
Ready for launch or one more gap to fill? – TVO MB 3-27
The rough ride of the end of the month (and end of quarter) profit taking got a bit rougher on…
Should we short 2800 on the S&P? The answer is obvious. – TVO MB 3-26
The moment of truth has come for the obvious head and shoulders pattern on the weekly chart of the S&P…
Gaps get filled but volume is not that fussy. – TVO MB 3-25
If you take away the recent recession fears from the media, the job of last 2 sessions was to fill…
What can be more reliable than the yield curve? – TVO MB 3-22
On Friday, markets made a swift about-face and erased all of Thursday’s gains and then some. In the news, they’re…
In trading, some laws were made to be broken. – TVO MB 3-20
According to Newton, for every action, there is an equal and opposite reaction. In trading this is often seen as…
What’s between here and SPY 287? – TVO MB 3-18
The price action was quite decisive on Monday as markets await this week’s Fed announcement. The overhead resistance the bears…
If you don’t like the market, get used to it. – TVO MB 3-15
These days, the market seems to take everything in stride no matter what gets thrown at it. Last Friday’s Quad…
Should we beware the ides of March? – TVO MB 3-14
Thursday’s price action across the indices was a narrow range or an “inside day.” Technical bulls favor such days as…
The road to hell is paved with FOMO. – TVO MB 3-13
Overall volume jumped a solid 10% on Wednesday, as markets logged the first across-the-board accumulation day this month. TVO, our…
Another gap, low volume and SPY ex-div. What’s next? – TVO MB 3-12
On Tuesday SPY opened with a gap and despite the 282 hopes (from both bull and bear camps), intraday price…
When HG says UP, don’t think twice. TVO MB 3-11
Markets soared on Monday and in the same breath left not only the 200 day, but also the 50 day…
Is it possible for bears to be frugal? – TVO MB 3-08
The Heat Gauge opened at SWELTERING on Friday, and slowly cooled off for the rest of the session. This type…
Was SPY 276 our last gap? No, there is another. TVO MB 3-07
Overall volume continued to rise on Thursday, as the market racked up its second day in a row of across-the-board…
If at first you don’t succeed, should you try, try again? – TVO MB 3-06
Overall volume rose on Wednesday in what was the first across-the-board distribution day the market has seen in almost a…
You call it chop. TVO calls it consolidation. – TVO MB 3-05
Tuesday’s session was choppy and also what many folks would call unproductive, as far as price. Volume, on the other…
Are you too smart to trade? – TVO MB 3-04
The gap at the open on Monday gave the bears their double top on SPY (it actually overshot by about…
All gap and no go makes SPY a dull boy. – TVO MB 3-01
Friday’s action on SPY when looking at a typical price chart can pretty much be summed up as all gap…
Fill the gap or double top? – TVO MB 2-28
Thursday’s volume action on the Heat Gauge had a familiar feel… A large rush of down volume early in the…