Gene Inger
Gene Inger Articles
Beware the ides of March? Or would that be akin to merely panic after little is left unknown about the market's condition? Certainly Wednesday worked better for any approach to scalping S&P's (or NDX's) than to position-plays, and in...
Skepticism reigns supreme. Hooray. We have our own at certain levels, especially if we fail right here around the 1265-70 area (ideally we won't); but at the same time the comeback from last week's nearly universal media berating of the...
No Fed action and no market leadership . . . highlight the latest effort to penetrate the old lows, which is underway, and being transported from a NASDAQ affair to the Senior Averages like Dow Industrials and S&P 500, as capitulation...
Within striking distance of late December lows . . . the NASDAQ, led by a heavy and noteworthy absence of leadership (that we've spoken repeatedly of), in the well-watched Nasdaq 100 (NDX), unless you view the leadership as simply...
No Saint Valentine's Day masscare . . . was our call, inline with the forecast for an attempted down-up-dip-up intraday pattern for Wednesday, which worked flawlessly, though we couldn't know the forecast would turn-out so well ahead of...
Gloomy guidance reignited fears . . . that are somewhat correct regarding what is a litany of concerns that may continue to weigh-heavily on the equity markets. Those in fact include the idea that this economy takes at least another six...
Momentum precedes price . . . is an old 'Ingerism' that can be used to denote both a bullish or bearish interpretation of Wednesday's action, which superficially wasn't at all bad, given the prior day's near 180 point rally of the Dow...
Ahead of Greenspeak anxiety . . . our stance remained perfectly in harmony with a month-long forecast for final decimation in December, an attempt at giving the tone of a 'brick wall of resistance' at the January start, but that the...
Rolling blackouts. . . seemed to dim the enthusiasm on Wall Street, about the same time the actual blackouts dimmed the electric lights of Northern California; but not in Southern California at all. Correlations between that and the...
Mainstream old-tech . . . nervousness intermittently gripped the market today, as a brief statement from Cisco's (CSCO) boss (John Chambers) roiled the comebacks in at least two spots, with yet another hesitation from the PG&E feared-...