Jack Steiman | TalkMarkets | Page 2
CEO at The Informed Trader
CEO of The Informed Trader, former radio and television personality, columnist, visionary and speaker for hire, proud dad and husband and takes a stand for the small trader. Jack Steiman is an expert in institutional and investor market and stock technical analysis. His wisdom has been ...more

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Getting Extremely Overbought After Extremely Oversold
The market spent days wondering what would happen with Brexit. Would Britain leave or stay was the big question. A surprise vote of leave had the global markets heading south is a very big way.
Bulls Pull Off The Impossible. Fed Low Rate Market In Full Control
The fed has created a monster. Unintended consequences are already hitting from higher rental prices to higher housing prices. It's only the beginning. Things will worsen, but not likely for the market.
Brexit Surprise; Will Others Follow Britain?; Turning Down Off The 2,100-2,135 Resistance Zone After A Test
If you looked at the action yesterday one would have thought that Britain staying was a slam dunk. Poll after poll showed a tight race but all of them had them staying.
Late Morning Brexit Poll Kills Earlier Rally; Earnings Poor Again
It is normal for markets to drift higher ahead of an important news event. Hope trumps fear most of the time in this crazy game. I think it's about most folks thinking the worst case scenario won't happen.
Poll Nonsense; Market Rally; Black Candle... Market Nowhere
We were all waiting for this Brexit situation to come and go this coming Thursday evening. Then a small sample poll was taken late yesterday and it showed a 70% vote in favor of Britain staying.
Weekend Report: SP 500 Turns Down Off 2,100-35 Resistance Area; Nasdaq Struggles; Brexit Up Next
For now it would be wise to stay mostly away from the four-letter technology names with the highest valuations and don't worry about missing some countertrend rallies. Trying to catch those rallies often causes the most pain in your trading world.
Fed Does Nothing As Expected. Brexit On Deck
The market, for the most part, has been trading down lately due to the uncertainty the Euro zone is facing once next Thursday comes and goes. That's when we find out if Britain stays or goes out of the Euro zone.
Bears Defending 2100+Pivot - Still No Real Selling Ahead Of Fed And Brexit...
Nothing has changed for nearly two years now, and I say that with a sense of sadness to everyone who plays this incredibly difficult game. Long-term lateral consolidations of this length can be looked at two ways
Headwinds Remain At SP 500 2100-2135 ... Some Key Sectors Stall At Long-Term Downtrend Lines
A very disappointing finish to a week that early on held a lot of promise for the bulls.
Market Won't Sell... ISM Better But Barely... Froth Picking Up Gradually...
We have a very interesting market environment to say the least. There doesn't seem to be a single day where the market gaps down and runs lower all day. Every day it seems the market finds a way to go higher, at least intraday.
Trading Between The 20s And 200s....
For fourteen of the past fifteen days the S&P 500 has been trading between the 20- and 200-day exponential moving averages. Neither side has been able to take control.
Laterally Painful.... Locked Between Major EMA's...
Just when it seems one side has control that control gets taken away. You get perfect action from the bulls.
Fed Shocks The Market...
Yellen has been so dovish that this was a real shock to the system. At least it keeps things more interesting. The bulls not always getting what they want. The bears finally getting a bit of good news for their side of the story.
Playing With A Breakdown; Market At An Inflection Point; Now It Gets Interesting; AAPL Broken
So here we are. Finally at a big inflection point in this market.
Poor Jobs... Daily Stochastic's Oversold... 2043 Breaches But Holds... Shocker!
Another interesting bull market day as there still seems to be nothing that can take this market down with any force.
Market Holding On By A Thread...
The Nasdaq has long ago broken down below all key, exponential moving averages. Bad action there, but this has been an S&P 500 bull market for the most part the last year plus.
17 to 32 of 36 Posts