The S&P 500 sees a narrow close as it's stuck in its channel -- and the Russell sees a strange move against the Summation Index. Let's break down the action.
Rallies always conclude the same way, but for now, we certainly can rack up a pretty hefty cushion of profits on individual trades while we wait for that to happen.
These four tips will help you recognize when a top might be forming.
Let's take a long look at breadth, the overbought reading, and see why a corrective move is likely soon.
I do, however, see a correction coming, aand it could be soon.
Yes, the indexes finally sold off, but they were just catching up to the dripping that has been going on underneath. Here's what I mean.
While the indexes slipped, much of the action was caused by simply switching calendars.
Then go see a fortune teller. I can tell you, however, quite a bit about what's going on under the hood right now, what it means, and where we might be headed soon.
With just a few days left in the year, there is quite a bit of trading that has little to do with fundamentals.
With the moves in the Volatility Index and the S&P, I'm betting this one goes below $90 in the near future.