The markets are having a solid snap back rally. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $137.08, +1.24 (+0.91%).  A bounce like today is largely expected by intelligent investors as the buy the dip mentality is still alive and well. In addition, European markets did close higher on the day, thus giving the [...]

After months of calculations and proprietary chart analysis, Chief Market Strategists discovered a cycle pivot point in the market. This pivot cycle date would begin the demise of the current bull raid on Wall Street. It was stated to members that the cycle would have a ’rounded top’, then a sharp rollover. This current market [...]

The markets are selling sharply today. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $137.94, -1.84 (-1.32%). This drop is mostly a result of the Non Farm Payrolls data from Friday. It showed far less jobs created in the month of March. The markets were closed on Friday, thus the reaction today. In addition, [...]

The SPDR S&P 500 ETF (NYSEARCA:SPY) is pushing through a double top from last week at $141.86, +1.14 (+0.81%). This is a new 52 week high, a level not seen since 2008 in the markets. Today was expected to be a standard float higher in the markets. This was based on the first day in [...]

The Bernanke Effect is wearing off. Monday, Federal Reserve Chief Ben Bernanke gave the markets a positive statement towards more quantitative easing. The markets roared sharply higher, making new 52 week highs. However, with the markets trading up 30% since the lows of late 2011 it was short lived. In addition, Ben Bernanke has done [...]

The markets are floating flat on the trading day. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $141.53, -0.08 (-0.06%). Yesterday, Ben Bernanke pumped the markets with talk of more QE (quantitative easing). This sent the QE addicted markets shooting higher like a junkie excited about a fix. Apple Inc. (NASDAQ:AAPL) hit a new [...]

The markets are trading lower today after worries on the Chinese economy surfaced once again. A Chinese slowdown has been long talked about but has had little effect on the massive rally in U.S. equities. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $140.00, -0.88 (-0.62%). What is the reason for this shift in [...]

The markets are grinding higher again today. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $140.93, +0.66 (+0.47%). This continued float higher is being driven by the banks. Just last week,  JPMogran Chase & Co. (NYSE:JPM) announced a share repurchase program and upped their dividend. In addition, a new staged stress test helped the [...]

The markets are attempting to roll over in into lunch. The SPDR S&P 500 ETF (NYSEARCA:SPY) hit a new 52 week high in the first hour of the trading day at $140.45. Since that point it has fallen nicely. The SPY is now trading at $139.93, -0.13 (-0.09%). While the markets are fractionally lower, they [...]

The markets are moving nicely higher ahead of the FOMC Policy Statement at 2:15pm ET. The SPDR S&P 500 ETF (NYSEARCA:SPY)  is trading at $138.83, +1.25 (+0.91%). All eyes and ears are waiting to see and hear if interest rates will truly remain low through 2014. In addition, the market continues to hold onto hope [...]