Guy S. Ortmann, CMT is Director of Research/Senior Technical Analyst at R.F. Lafferty & Co. Inc. with a proven track record, over the past three decades, of using a combination of technical and fundamental analysis for timely and profitable U.S. macro equity market and stock/commodity specific ideas for institutional and high net worth clients. His research has been published in many high visibility Wall Street publications. It is his view that both technical and fundamental analysis are absolute requirements for consistent portfolio performance.
Recent Articles By The Author
Most indexes have broken support with no signs to suggest consolidation is complete.
Market breadth weakens.
Forward earnings estimates for the S&P 500 have gotten a lift.
Two of the three 1-day McClellan OB/OS Oscillators have shifted back to neutral from their prior overbought readings.
The data that were screaming a buying opportunity was present at the market lows have now turned a more cautionary.
Let's take a look at the resistance levels on all the major indexes.
Let's do a complete dashboard check for clues.