HCPG Blog

Compare the long wicks on the last six trading days of the SPX compared to what came before -- the picture of a battle between the bears an...

There's still 90 minutes to go before the close but we have our SPX break-out and commodity stocks are going bonkers. But we expected...

The effect of the 10 year auction results today show how focused the market is right now on the bond market. This is probably the most ...

The SPX seems tired with some of our lead "tell" stocks such as AAPL GOOG BIDU acting exhausted. We're in a tight consolid...

Very impressive come-back and the consolidation looks good here for a trip to 1000. One wild card is the USD which has been trying to mak...

We've come a long way since the 666 bottom but as you can see bulls are still completely in control with all trends intact.    Of course...

We have a tough time making money on days like today.  Why?  Because the movement seemed random, technicals weren't really respected (st...

It's foggy out there today in market land as USD has firmed up, oil is holding flat, gold is down, and traders are trying to jostle for...

We discussed how we buy support in today's newsletter.    It's free and if you want it just write to us at  info AT highchartpattern...

Some good opportunities from our newsletter last night.   Here are all the alerts that triggered after the open (we also lost many that gapp...

Good article  in Seeking Alpha today  if you're interested in adjusting your portfolio for inflation (and it seems like traders have do...

We always tell new traders that trading is harder than it looks, but what you always need, whether you are new at the game or a grizzled vet...

A month ago we wrote a post called "Commodity Rip" and discussed how commodity stocks were showing clear leadership. We highlig...

Accept the fact that we're range-bound and until SPY breaks 88 on the down-side or breaks through the 200 SMA and resistance (93-94) on ...

Just when things could have gotten exciting on a break of SPY 88 -- dip buyers stepped in and thus far have won the day.          We wrote i...

Clear range is setting up in the market with support at around 88 (875 on the S&P) -- if that goes then watch for a move to the 50SMA-- ...

We're stuck in this range in the SPY with the floor being 88 support, and the ceiling previous highs and 200 SMA around 93-94. Un...

It's not 1 PM yet so too early to call it but thus far it looks like a reversal day. Consolidation near resistance is actually good fo...

SPY testing the other side of the trend-line and looks like it wants up for a visit to the 200 SMA. We're neutral now, bullish on a ...

The market gapped up today (complete reversal from futures being down almost 1% last night) on upgrade on BAC, an uptick in "homebuilde...

In retrospect, it would have been too cute for 88.5 to hold -- we broke it, hit the 20 SMA and bounced. Unless we get new "green...

Three touches now on this level. How cool is that? Update: We jinxed it -- SPY now under minor support intraday. Close today will be s...