Monday, December 23, 2013

Small Caps not invited to the 'Window Dressing' just yet?

$SML Daily Chart @ Close 12/20/2013
Santa arrives sans his 'little helpers' as the BIG Caps all post New Highs; not so the smaller types that usually lead not only the sleigh but also the rally?

Thursday, December 12, 2013

Small Caps 'failed' against the late- November High.........

S&P600: Small Caps Daily Chart @ Close 12/11/12
Wednesday's close @ just above the 50day SMA after a failure to take out November's High print @ 659.36 portends 'poorly' for the broader market.
Santa's helpers better arrive soon & get the 'festival' rally underway soon or else the Grinch could steal the holiday spirit & 2014 may well be an unlucky '14' one???

Thursday, December 5, 2013

S&P500 holds @ 1780 Support; another run @ the Highs?

S&P500 Daily Chart @ Close 12/04/2013
As per THE WEEKLY; Support @ 1780 has held the selling in check (for the moment); coincident with a rather nice Candle Stick Daily formation.
Another run into new high ground above 1813.55 now the 'risk'.
NFP's this Friday of course the likely 'fly in the ointment' for any Short- Term Tactical trades.