Category: Rich’s Articles

As expected, last week’s action was positive for stocks with the NASDAQ ending the week on a high note and outperforming the S&P 500. That’s a good thing. It’s also not surprising for prices to take a pause after the...

Last week we talked about breaking out of triangle trading patterns. This week started with the NASDAQ popping past the top side of resistance in Jack in the Box fashion – boing! Stock prices gapped up to start the trading...

Last week’s trading action for the NASDAQ was, well, disappointing. The index was set up to move higher but couldn’t find the energy to move through resistance at 13,600. It’s not what we wanted to see. Then, sellers took over...

Pictures paint a thousand words is a tired cliché’ – no? It’s time to freshen it up a little and put a market spin on it, what do you say? Let’s try this, understanding pictures can pay thousands of dollars....

There is a point when running on a treadmill where you feel like you are close to hitting your goal for the day, only to look at the monitor and realize that you are at the halfway point. The clock...

Confused? The DOW jumps 306 points while the NASDAQ slumps 311 and the S&P 500 spends most of the day in the green before going underwater at the closing bell. Which do you follow? Is it as easy as the...

Hopefully, your financial neck-brace is fitted otherwise you could suffer from stock price whiplash. Down a 1000 here, up 600 there! More than 30-years of experience says major swings are a sign of uncertainty. Increased volatility usually accompanies decision...

As our long-time readers know, we consider the NASDAQ the Mary of the Markets; where it goes the others tend to follow. Mary has been going backwards and really put it in reverse to start the week, down 2.66%. Ouch!...