Gene Inger
Gene Inger Articles
Internal erosion became evident on Tuesday . . . and blossomed a bit more on Wednesday; to no surprise of those viewing both forecasttechnical resistance as our measured June S&P goals were reached (1320 +/-), and we got some fading in...
Tuesday's assessment of the action as favorable . . . with Equilibrium at day's end by our interpretation, was not only the result given a Fed cut inline with expectations here (and elsewhere), but was accompanied by favorable breadth/...
Dried-up trading volume . . . in the wake of predictable responses toCisco (CSCO) selling, says volumes about the short-term condition of the market developing, and is despite the nervousness surrounding the week's intraweek rallying...
'Fading the masses' . . . was an expression one regular reader used to describe the stance we took back in March, emphasizing our belief then, that the next meaningful run in the stock market would be to the upside not the downside. That...
Never short a dull market . . . is an old saying; so even though stochastic readings were so overbought after all last week's upside, we have been warning that while the immediate testing efforts against the highs of the prior week was a...
Couldn't have scripted it better. . . said one reader of ingerletter.com today; that in reference to the Fed's rate-cut timing we presume, rather than our (interesting) listing of 'Wednesday' as a day to be on 'Fed Watch' (per last weekend...
The bullish alternative . . . was outlined last in last Thursday's nightly report, as the (ironic to some) probability of having Friday's market take a drubbing after the huge run-up the prior day. That would, we speculated, bring-out the...
The Nightmare on Wall Street . . . hasn't ended, though a unanimity of bearishness makes one ponder when something beyond a series of unsustainable intraday rallies occurs. For now the mood overall remains as solemn as Bloomingdale's this...
Emerging from an enforced slumber . . . the bears were expected to return yesterday, and did. However, while bulls couldn't wrest control back from them, several distinct efforts to 'break' the market below identified key levels, weren't...
Trench warfare . . . dominated the front-lines of the stock market's battlefield; while back in the bunkers there is a decidedly more mixed (and interesting) combination of forces arrayed. While some of the broad Indexes made new two-year...
