MARKET COMMENTARY
The 241 points drop in Dow erased all the gains made on Friday. Yes, the lack of volume on Friday failed to propel the stock markets higher on Monday. In fact, it is more likely that the market may continue to go lower, instead. The daily chart has failed to provide more meaningful information [...]

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MARKET COMMENTARY
Water is rising. Fishes are swimming. They are swimming your way! How glad it is for me to see the rebound while I am still shorting? No, I am not nuts. In fact the rebound is very healthy. It will give me the much bigger drop later when the rally fizzles. I often talk [...]

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MARKET COMMENTARY
It was a highly volatile market on Monday. The Dow had swung from a gain of 80 points to a big loss of over 160 points and then moved back up to a small gain of about 10 points only to see it finally fell back to a loss of 56 points. I believe [...]

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MARKET COMMENTARY
The market ended the day higher, but the week a big loser. There is no trading on Friday due to US Independence Day. The trading will only resume the next Monday. The rebound is weak considering the fact that the markets had been battered badly for the week prior to the rebound.
So, what do [...]

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MARKET COMMENTARY
Wow, the markets continue to weaken, in spite of the widespread oversold condition. Bad sentiment still puts pressure on the bulls from making any attempt to rebound. So far, the Dow has been making a straight line down without any sign of bottom. There is not a single technical indicator can make any sense [...]

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