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Last weekend, in my Market Forecast , I wrote, " For the new week, the technicals are still carrying a bias to the downside. The M&A activities and the speculations for them are offsetting the inconsistency in the latest economic reports. The M&A activities are bringing buyers into some...

Last weekend, in my Market Forecast , I said, " For the new week, the market can run further into its newly developed bullish formation. The market has already stuttered around the SPX 1120 to 1130 area for a long time. If it's going to break higher, it'll have to catch the daily upper BB...

Last weekend, in my Market Forecast , I said, " VIX has sank back below 24, which could signal the intention to rally. We'll have to see if the market can continue to push higher and stay above SPX 1100. If SPX 1100 is cleared, SPX should retest the 1120 level. Miners went up quite a bit last...

Last weekend, in my Market Forecast , I wrote: " For the new week, Monday may be a bit shaky, as the market needs to let off some more steam. But, as long as the market does not fall too far below the daily upper BB, it should stay strong. SPX 1030 and Nasdaq 2050 will be the immediate support levels...

Last weekend, in my Market Forecast , I wrote: " For the new week, we'll continue to watch the delicate balance between the dollar and the commodity sectors. Technically speaking, the market can now break higher on a new leg up. This could draw in another chunk of the money sitting on the sideline...