at the 5 DMA and trendline. The A/D line is still positive at 1664:1328 but has been slowly deteriorating ... Read the full post ... Read more

The markets are struggling to hold up above the rising 5 day moving averages and above the trendlines from the gap higher on March 10. Failure of the trendlines could lead to a quicker, more sever selloff down towards the VWAPs since the rally began (purple line). ... Read the full post ... Read more

One of the consequences of such notions as "entitlements" is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence. ~Thomas Sowell ... Read the full post ... Read more

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action in the broad markets and the A/D is negative with 1165 up and 1733 down right now. There are no clear reasons to be aggressively short with rising 5DMAs but the lower highs are a first warning sign. Breaking the lows from the last couple of days could see more significant selling. Got to be n ... Read more

Investors have very short memories. ~Roman Abramovich ... Read the full post ... Read more

Details in this video. Technical Analysis "LIVE" Session 4.13/09 from brian shannon on Vimeo ... Read the full post ... Read more

Live event TONIGHT, Monday April 13 at 8PM Eastern you can REGISTER HERE Last weeks event did fill up so be sure to register early. Once again, NO EMAILS if there is a stock (ONLY ONE PER PERSON) you would like me to look at, twitter requests ONLY, thanks. First come, first serve and guar ... Read more

The markets are weakeing and below the daily VWAP. After the large move we have seen over the last month the market seems due for a deeper pullback, keep your stops tight on long positions. There are 969 stocks up and 1925 down on the NYSE right now, that will need to improve if the market can turn ... Read more

Failure is not reaching your goal, but in having no goal to reach. ~Benjamin Mays ... Read the full post ... Read more