Daily Archives: December 27, 2012

Dec27

From fear to greed, in the snap of a finger.  About 18 S&P point rally in 60 minutes. Doesn't make sense for me for GOP to bow one day before cliff when they can wait til Jan 3rd and claim…

Dec27

Market gets giddy… Pavlov. Disclosure Notice Any securities mentioned on this page are not held by the author in his personal portfolio.

Dec27

While last Friday was a sharp drop (post Plan B failure) recall there was a late day rally to cut some of the losses; hence today's session is actually much worse from an advance decline perspective.  In fact you can…

Dec27

The negatives are now piling up.  After failing to break over early November highs (twice) the S&P 500 has now broken the uptrend channel it had been riding since mid November.  Recall both rallies of 2012 happened within long multi…

Dec27

Historically the idea with basic technical analysis is to be very cautious when the market breaks key technical moving averages – especially the longer term ones i.e. 200 day moving average; and conversely be aggressive when above said averages.  …