Category: Rich’s Articles

Bulls won a tug of war with bears to start the week. The NASDAQ was up early in the session before falling to make a new 52-week, intraday low and closed well into the green by day’s end. Investors might...

Last week we wrote about distressed market signals in the form of an upside-down V pattern. Stocks started the week deep on the red side of the tape before rebounding mid-session. The NASDAQ’s intraday low of 12,722.59 didn’t totally complete...

When a flag is flown upside-down, it’s a sign of distress, meaning something is wrong. The letter V is usually associated with victory, or in the case of the stock market, a bullish rebound. However, much like a flag hoisted...

Sometimes the market zigs when you thought it might zag. That’s the uncertainty of investing. It’s also why it is important to have a defined strategy as you navigate choppy waters, like we are in now. Last week, our market...

Traders might consider Monday an inside day as it traded within the range of the last five-days’ high and low. However, we see the playing field differently. The technical landscape appears to reveal an opportunity to get into the market....

Last week we thought that if the NASDAQ successfully cleared its 50-day moving average hurdle then the index would continue higher. Fortunately, we called that race right. Stocks continued their move upward on Monday with the NASDAQ closing at its...

Well, you had to think a relief rally was due. Congress spending another $1.5 trillion was the impetus to get bulls into action with the NASDAQ pulling itself over the cliff’s edge last week. Like a scene in the movies...

S.O.S. started out as Morse Code for Save our Ship. It was a distress signal for other ships in the area to help vessels stranded, or worse, at sea. Since then, it’s evolved to some other uses. The band Motley...