Decisionpoint - blogs.decisionpoint.com - Market Commentary
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Rally Attempt Fails 27 Aug 2013 | 03:08 am
The market was up but sluggish for most of the day, but it took a sharp dive in the last hour, closing down almost seven points. I looked for news that might have caused this reaction, but the only th...
Short-Term Bottom Forms 24 Aug 2013 | 03:19 am
After some morning chop, prices drifted slightly higher. * * * * * * * * * * * * * * * * * * * * * SIGNALS: Here we include a picture of the current day's signal table to provide a kind of archive tha...
Nasdaq Closure Dampens Trading 23 Aug 2013 | 03:41 am
The Nasdaq market was closed for three hours today due to technical difficulties, which caused other indexes to run flat until they popped up at the end of the day. The Dow has been weaker than the br...
Market Lower on Fed Minutes 22 Aug 2013 | 03:14 am
Minutes from the Fed's July meeting caused some chop, but the end result was a negative close for the markets. * * * * * * * * * * * * * * * * * * * * * SIGNALS: Here we include a picture of the curre...
Bounce Back to Resistance 21 Aug 2013 | 03:36 am
The SPX and NDX broke three-day losing streaks and made small advances today, but the Dow, finished slightly lower. * * * * * * * * * * * * * * * * * * * * * SIGNALS: Here we include a picture of the ...
Indicators Haven't Hit Oversold Extremes 20 Aug 2013 | 03:02 am
Price continued to decline steadily after a short-lived up-tick in the morning. * * * * * * * * * * * * * * * * * * * * * SIGNALS: Here we include a picture of the current day's signal table to provid...
Quiet Options Expiration Day 17 Aug 2013 | 02:49 am
As we expected, it was a low-volatility day coinciding with options expiration. We don't have statistics to prove it, but we have observed for several years that option expiration days are usually qui...
Breakdown 16 Aug 2013 | 04:10 am
Price dropped early then spent the remainder of the day consolidating the move. Bond yields jumped this morning and this headlined why the market went down. You can see the breakout on the 30-Year T-B...
Rounded Top 15 Aug 2013 | 03:08 am
Today price slowly declined. Yesterday, according to the media, dovish comments from an FOMC member supposedly had price closing up; today, hawkish comments had the market falling. I think this is now...
Still Consolidating 14 Aug 2013 | 02:59 am
The market opened lower but climbed higher almost immediately. After lunch, having hit its high for the day, it consolidated. The 10-minute bar chart looks far more volatile and exciting than it reall...
