$SPX more and more the market tries new highs it is sold off – distribution phase. Big boys selling off to retails. Bearish
Posts Tagged With 'trend'
What to expect from SPX next week?
I am not trying to predict where the market would go next week. I simply do not know it and I am as clueless as everyone else. Will the market shoot up next week or will it fail and fall again? If I cannot predict the market, I would like to at least establish a Continue reading →
Futures indicate very weak opening tomorrow morning
If you are already frustrated by two weak months we just passed (December 2014 and January 2015) it looks like we are going to see February 2015 as bad as January was. Futures are already trading at a steep discount indicating S&P 500 down -1.45% -29.35. If this drop continues until tomorrow morning, we may Continue reading →
SPX up again! Is it a buy opportunity?
Many investors may be celebrating and cheering up the market’s performance these days. The economic data are good looking, Eurozone is close to a debt solution, the market is rising, all is good! Buy, buy, buy… You may be hearing that or something similar today. But is everything really that bright as it looks? Check Continue reading →
The market continues up on hopes and wishfull thinking
Investors are tired, exhausted and frustrated seeing the market tanking for this long time without any bright light at the end of the tunnel. Therefore they are literally buying any news and today is a great example of them trying to convince themselves that we are out of the forest and we will be growing Continue reading →
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