MARKET COMMENTARY
 
Alright, we have a rebound. And I like the magnitude of the rise as it had reduced the tension built up over an extended period of bearish push. Given a number of potential positive news to be announced on Wednesday and on Thursday, we can expect another round of Bull Run. Be careful though, [...]

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MARKET COMMENTARY
 
Yesterday, I have indicated that the markets are in the diverging from the technical indicators. That would be sign for technical rebound. If the futures markets are any indication, we will see the much awaited rebound today. My hope is that the market will continue to rally for a couple more days. This is [...]

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MARKET COMMENTARY
 
There was no reason for the severe market sell-off in Asian market on Friday. The Dow fell 500 points after market opened. In an oversold market, further drop may be limited. What we have experienced so far is unprecedented and considered an exception. Dealing with situation like this, we have to be extra careful. [...]

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MARKET COMMENTARY
 
The bearish wave swept through the market again, renewed its vigor that had subsided last week. I believe the momentum will grow as the CBOE volatility gauge is pointing up again. This is despite some decent earnings from a couple of companies yesterday. Although the market was bearish, it was pretty steady and less [...]

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MARKET COMMENTARY
 
The market continued to move in a more organized manner on Tuesday. This stability is reflected in the Volatility Index ($VIX) which showed only minor gain in a relatively strong falling market. The Dow had lost 231 points on Tuesday.
 
The Dow’s triangle pattern remains intact as of yesterday. I am still anxiously waiting for [...]

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