Let's take a look at my Oscillator, two other indicators and the TLT to see where the market is in terms of oversold readings.
I found two very interesting takeaways from Monday's sharp market reversal.
Let's recap some of the main worries behind the selloff. Unfortunately, I think the trading action gets worse before it gets better.
Here's what's happening on the charts right now.
Bullish sentiment is at a 30-year low based on one survey.
The Fed is running the same experiment over and over again expecting a different result.
I am much more interested in buying strength than in buying weakness.
Key improvements occurred in the stock market. Here's why they are important.
The most important issue right now is that bonds find some support.
TINA (there is no alternative) is dateless, but her popular cousin CITA (cash is the alternative) is enjoying the prom.