Today's number is... 1

Yesterday, the bulls demonstrated that they are still present, with the S&P 500, 400, and 600 reaching their highest 1-month highs since November.

Here’s the chart:

One of our favorite setups occurs when a stock breaks a key level, fails to follow through, and then reverses sharply in the opposite direction.

These patterns are known...

Today's number is... 16

My Fear or Strength Model has been in bearish mode for the last 16 trading days.

Here’s the chart:

(right-click and open image in new tab to...

We’ve been talking all about the lack of follow-through in recent weeks.

Fons just wrote an excellent post about failed...

Whenever the market enters a corrective wave, regardless of the magnitude and time, section rotation comes into play.

While we haven't seen any ...

I like to lean on bellwethers when I’m on the fence about a theme or area of the market.

The term bellwether comes from agrarian times. It was used to describe the sheep...