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
Expect a short-term oversold bounce by midweek and then for a turn back down to get the intermediate-term indicators to oversold.
As it looks like complacency is getting squeezed out, let's dissect the good and bad action on Thursday and what's to come.
The Dow and the Russell 2000 are now at their 50-day moving averages -- here's what that means for the market.
The market also reached an intermediate-term overbought condition -- here's my take on these two changes.
Talking heads finally see what's going on under the hood; the indicators barely budge; and the utilities are now knocking on the door of my target.