Nasdaq's Extreme, Overbought Signal Means It Will Go Lower Next Week
at The Street - Fri Aug 22, 4:32PM CDT
The stock indexes closed mixed on Friday with the Nasdaq closing higher with an extreme overbought condition. It cannot stay there.
Another S&P Closing High -- Do Traders Have a Sense of Capitulation?
at The Street - Thu Aug 21, 4:31PM CDT
All indexes are now extremely overbought. Just wait until Janet Yellen speaks Friday.
S&P 500 Near an All-Time Closing High? I Could Care Less
at The Street - Wed Aug 20, 4:52PM CDT
The stock indexes are all in overbought territory and the Nasdaq and SPY will be extremely overbought on a 'green' open tomorrow.
Watch for Direxion Daily Small Cap Bear 3X Shares to Potentially Rebound After Falling 1.01% Yesterday
Comtex SmarTrend(R) - Tue Aug 19, 4:27PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $14.62 to a high of $14.87. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $14.85 on volume of 13.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Direxion Daily Small Cap Bear 3X Shares Set to Possibly Rebound After Yesterday's Selloff of 1.01%
Comtex SmarTrend(R) - Tue Aug 19, 4:27PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $14.62 to a high of $14.87. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $14.85 on volume of 13.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
All-Time Highs on No Buying Volume? Does It Matter Anymore?
at The Street - Mon Aug 18, 4:12PM CDT
The stock indexes are approaching all-time highs again with no volume to speak of. There is no buying conviction so buyer beware.
Stock Market Volatility Returns Along With Heavy Trading Volume
at The Street - Fri Aug 15, 4:39PM CDT
The stock indexes were whipsawed as triple witching option expiration and other tensions created heavy volume.
Stock Market Continues Rise While Volume Continues Fall
at The Street - Thu Aug 14, 5:47PM CDT
his is not a bullish scenario as the hedge funds can resume the selling at any time.
As Predicted, Stock Market Indexes Higher but on No Volume
at The Street - Wed Aug 13, 4:21PM CDT
The stock indexes finished higher on Wednesday, as expected, with no volume. This is bearish on the margin.
Direxion Daily Small Cap Bear 3X Shares Set to Possibly Rebound After Yesterday's Selloff of 2.80%
Comtex SmarTrend(R) - Mon Aug 11, 4:05PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $15.23 to a high of $15.90. Yesterday, the shares fell 2.8%, which took the trading range below the 3-day low of $15.96 on volume of 14.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend Watching for Potential Rebound in Shares of Direxion Daily Small Cap Bear 3X Shares After 2.80% Loss
Comtex SmarTrend(R) - Mon Aug 11, 4:04PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $15.23 to a high of $15.90. Yesterday, the shares fell 2.8%, which took the trading range below the 3-day low of $15.96 on volume of 14.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
After Yesterday's Rally of 6.90% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Jul 31, 5:03PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $15.84 to a high of $16.59. Yesterday, the shares gained 6.9%, which took the trading range above the 3-day high of $16.15 on volume of 28.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Direxion Daily Small Cap Bear 3X Shares Set to Possibly Pullback After Yesterday's Rally of 6.90%
Comtex SmarTrend(R) - Thu Jul 31, 5:02PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $15.84 to a high of $16.59. Yesterday, the shares gained 6.9%, which took the trading range above the 3-day high of $16.15 on volume of 28.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Direxion Daily Small Cap Bear 3X Shares Rises 1.35% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Jul 28, 4:10PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $15.47 to a high of $16.15. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $15.74 on volume of 18.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Watch for Direxion Daily Small Cap Bear 3X Shares to Potentially Pullback After Gaining 1.35% Yesterday
Comtex SmarTrend(R) - Mon Jul 28, 4:10PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $15.47 to a high of $16.15. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $15.74 on volume of 18.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Watch for Direxion Daily Small Cap Bear 3X Shares to Potentially Rebound After Falling 2.57% Yesterday
Comtex SmarTrend(R) - Tue Jul 22, 4:19PM CDT
Direxion Daily Small Cap Bear 3X Shares (NYSE:TZA) traded in a range yesterday that spanned from a low of $14.95 to a high of $15.37. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $15.28 on volume of 18.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Oversold S&P 500, Markets Make it Hard to Consider Shorts
at The Street - Thu Jul 17, 4:15PM CDT
The market aside, we must realize what we have truly is priceless.