AUTHORS
Helene Meisler
Helene Meisler writes a daily technical analysis column and TheStreet Top Stocks. For more information, click here. Meisler spent more than a decade on the sell side as a market technician covering institutional accounts at various investment banks in New York City, including Cowen & Co. and Goldman Sachs. In addition she worked at Cargill in Minneapolis where she managed equity money for three years. She received her bachelor's degree in business from Pace University.
Recent Articles By The Author
Violence Hits the Overbought Market
Let's assess two days of bleeding on Wall Street, as my Oscillators have come down, sentiment disappoints and the Daily Sentiment Index for the Volatility Index is no longer threatening to plunge to single digits.
We're Overbought, but I Still See a Rally Ahead
Instead of rationalizing these recent market moves, let's check the indicators for why we should go up again.
Bulls, Bears Mingle a Bit
We still have plenty of folks pointing to the Fed as a reason to stay bearish, but at the same time a narrative is developing to help them get bullish. Where are we? On the fence.
Listen to the Volume
Volume rises as stocks go down and it falls as stocks go up -- now let's see how volume has moved during the rally. Also, let's check the QQQ fund and the overbought reading.
Market Heading Back to Short-Term Overbought
If you want to see more bulls jump on board, with the pendulum swinging from bearish to bullish, we will need something that can be crafted bullishly for the fundamentalists.
A Rally Without Reason
The fundamentalists are still baffled by the move up -- and that's probably why sentiment feels like it is shifting like quicksand. Let's ... dive in.
Here's Why I See Another Rally Ahead
Let's check some shifts on the market -- and when I see that short-term overbought reading landing.
Clawing Our Way Up
If you think bear market rallies only last days and head down again, then here are two examples that say these rallies can last months.
Rallies and Resistance and Market Resilience
Let's look at the 50-day moving average line and how downward-sloping moving average lines can often be resistance. Also, it's time to check the overbought outlook and bonds.
The Market Can Pull Back and Rally Again
The 21-day moving average of the put/call ratio for ETFs is only now starting to head down, which is usually supportive of the market.
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