Declan Fallon's Comment & Analysis
A complete archive of Declan Fallon's articles, including current analysis & comment - Page 20
There was some concern heading into Friday that Thursday's gains were going to be clawed back, but I was surprised by the extent of the buying that did show up. The Nasdaq and S&P had the best of...
Yesterday was a good day for bulls and I wish it was banked today rather than yesterday so that weekly candlesticks had a good finish.Instead, today will be a bit of a nail-biter to ensure that by...
A short week for the markets has opened with some modest selling, hardest felt in the Russell 2000 (IWM), but common across all lead indexes.The Russell 2000 ($IWM) gapped down but hasn't yet tagged...
The good work of bulls was done early last week but rallies had run out of steam by Friday's close, although the weekly charts still look good.On weekly timeframes, there was registered accumulation...
A bit of a mixed bag for indexes. Large caps had the best of the action as the S&P 500 and Dow Jones Industrial approached all-time highs.Buying volume for Large Caps indexes didn't count as...
It was a good start to the week across all indexes as buyers began the day in a buoyant mood and didn't let up all day.If there is a caveat to the buying it was that there was little in the way of a...
Markets managed to hold on to early lows without the selling pressure from earlier last week.While the buying was relatively modest, it still wasn't enough to see a return above 20-day MAs for...
With the exception of the Russell 2000 ($IWM) we have the S&P 500, Dow Jones Industrial Average and the Nasdaq 100 all up near all-time highs. There is the potential for some indices to return...
Today was one of those days where I was waiting (and waiting) for the profit-taking to kick in, but by the time sellers made their appearance I had reached my loss limit for the day and so that, was...
"Black" candlesticks are rarely good and we had one yesterday in the Russell 2000 (IWM). The expectation is for an open below today's close, then a close lower than the open.As part of this bearish...