Tweet By Jeff Pierce It’s very plausible we continue to rise, but these are anything but bullish technical patterns. The Nasdaq is sporting a bearish megaphone pattern while the TSX has rallied right back into resistance. I’ve been spending the last week or so severely lightening up on my long positions because I felt the market was […]

Tweet By Poly Earnings season is in full swing and judging by the near all-time highs of the equity markets you could be mistaken for thinking it was going well. Fact is it couldn’t be that much worse, as only 59% have beaten EPS estimates.  If this pattern continues, then it will be the weakest […]

Tweet By Mike Ber The following is a special weekend report from ForexAlerts.ca recapping the major pairs they cover, how they traded them this past week, and what they look forward next week. They recently launched their service and are offering a 50% discount for a limited time. To learn more about currencies and take […]

Tweet By Jeff Pierce Below are two market internal indicators that are clearly showing distribution going on behind the scenes. The Nasdaq and Dow are at or near highs while these hi/low indicators are hitting levels not seen since December. Considering my bullish timing indicator flipped January 4th and that is when I turned bullish […]