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Kevin Haggerty
Multiple signals are soon to come that may directly affect the market. See what they are and what you can expect from them. (more)Kevin Haggerty
The $SPX has been churning in the anticipated key price zone (1396-1417) for ten days and only closed above the zone once at 1418.26 on Tuesday. What will happen next? (more)Kevin Haggerty
The current $SPX rally from the 1257 3/18/08 low has certainly lacked significant volume. See what may be in store for the markets as the economy continues to show signs of weakness. (more)Kevin Haggerty
The edge is definitely to the short side into the S&P 500's key price zone, and there is also key time symmetry through next week. (more)Kevin Haggerty
The Generals have been most active in a universe of 50 or so mega-cap blue chip stocks, as they all continue to read the same playbook and move like a "herd". (more)Kevin Haggerty
The $SPX had advanced +10.3% in 14 days to a key price (1384-1386) and time zone (4/8-4/9), and in the previous commentary I said the highest probability was a reversal, not acceleration through the price zone.... (more)Kevin Haggerty
Energy and commodity stocks continue to be a major source of day trading opportunities because of the excellent volatility... (more)Kevin Haggerty
Treasury Secretary Henry Paulson hit the talk shows over the weekend laying the ground work for his announcement on Monday that there will be a change in the oversight of financial institutions, which of course will be led by (you guessed it) our big-brother government. (more)There are just two trading days left in the quarter, so the Generals and Hedge Funds obviously have a reason to hold these levels... (more)Kevin Haggerty
After three straight up days, and a +8.2% gain from the 1257 low (3/17) to 1359.68 on Mon, the major indexes backed off yesterday. (more)Kevin Haggerty
Market commentary and analysis by Kevin Haggerty. (more)Market commentary and analysis by Kevin Haggerty. (more)Kevin Haggerty
The Fed is attempting to inflate the economy out of trouble again, as it has done every downturn since Fed Chairman Volker did the opposite to choke the inflation. (more)Kevin Haggerty
Yesterday started with a big discount opening following the news that BSC was insolvent, and JP Morgan helped by the Fed, bid $2 for the firm. This sent the $SPX down to 1262.71 on the 9:45AM bar and set up the RST reversal strategy again with entry above 1266.48. (more)Kevin Haggerty
Timing is everything as the SPX was about to break below Jan 2008 lows based on the 3/10/08 close of 1273.37. (more)Kevin Haggerty
The derivative meltdown and credit crisis continues to expand... (more)Kevin Haggerty
The energy and commodity related stocks are extremely extended, but for daytraders the intraday volatility is excellent, so they continue to be the primary trading focus along with the major indexes and ETF`s. (more)Kevin Haggerty
It will take more than spin by the Fed to prevent another meltdown move in the major indexes. (more)Kevin Haggerty
My overall market outlook hasn't changed, which is that it remains a bear market, and the cycle low will be below 1270. (more)Kevin Haggerty
The major indexes spiked +26 points in the last half hour of trading Friday on the Ambac/MBIA ratings news, and you can bet that the Fed and Treasury head H.Paulson were the force behind the decision which will postpone near term pain, as they give the agencies time to raise capital. (more) | 
