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Oct. 25, 2010 Analysis: Friday's Analysis predicted that "the market will march higher." Today the market started off strong but pared the gains as concerns about the impact of home foreclosure irregularities on banks weighed the overall market, but the market still managed to top the...

Oct. 22, 2010 Analysis: Yesterday's Analysis predicted that "the market will trade in a range but drift higher." Today the market traded in a five-point range and ended higher. Looking ahead to next week, after consolidating in a tight range today the market will march higher, as...

Mark, Thank you for your suggestion. I will continue to write the daily Analysis without an intraday update of the trade position between the Analyses. Dr. Chen

Mark, Thank you for your understanding and appreciation of my Analysis. Upon careful consideration, I have decided to make the following improvement on the Analysis. I will post an update of an executed trade within a short period of execution but still write the Analysis on a daily...

Oct. 21, 2010 Analysis: Yesterday's Analysis predicted that "the Initial Jobless Claims will be close to 450,000 and contribute to the market's optimistic sentiment." Today the Initial Jobless Claims came in as 453,000, and the market moved higher towards 1,190 upon opening. Technical...

Oct. 20, 2010 Analysis: Yesterday's Analysis predicted that today "Yahoo!'s upbeat earnings will help to send the market back above 1,170." Today the market rose on good corporate earnings and closed above 1,170. Looking ahead to tomorrow, China's Q3 GDP will lead the market to open...

Oct. 19, 2010 Analysis: Yesterday's Analysis predicted that today "Nasdaq-100 will lead the market retreat, and the S&P 500 index, whose recent rally has been led by technology companies, will need upbeat earnings reports from Bank of America to counter a significant retreat." Today the...

Oct. 18, 2010 Analysis: Today the market rose past a disappointing Industrial Production in Sept., just as it did to a disappointing Consumer Sentiment on Friday. Looking ahead to tomorrow, the market is due to a retreat, as Apple's shares dropped 5% in after-hour trading from a...

MarketException, Thank you for sharing your thoughts. Since I have no formal training in psychology or anthropology, I can neither concur with nor repudiate your underlying analysis of the animus of human behavior. However, based on my own observations, I do agree that humans have the...

Oct. 15, 2010 Analysis: Yesterday's Analysis predicted that "the Consumer Sentiment will deteriorate instead of improve in light of continued dismissal of workers by government and businesses alike." Today the Consumer Sentiment did decrease instead of increasing as forecast by consensus...

Oct. 14, 2010 Analysis: Yesterday's Analysis predicted that "the market will end lower" today, and the market did settle lower, although paring down the earlier losses. Looking ahead to tomorrow, Retail Sales will disappoint in the absence of large discounts offered to consumers in Sept...

Oct. 13, 2010 Analysis: Yesterday's Analysis predicted that "the market will initially rise on the news of the upbeat earnings report from Intel, but whether the rise can be sustained depends on the market's perception of whether Intel's earnings growth is sustainable into next year."...

Oct. 12, 2010 Analysis: Yesterday's Analysis called the Fed's QE2 a "done deal," but the market did not fully price in such as "done deal." As a result, the market rose after the release of the Fed's minutes and closed higher. Looking ahead to tomorrow, the market will initially rise on...

Mark, Thank you for your comments and for your compliments. I do have training in economics, although even a brilliant economic mind does not necessarily translate into success in trading, as the Nobel Laureate Robert Merton sat on the investment committee of the ill-fated hedge fund...

Oct. 11, 2010 Analysis: Friday's Analysis predicted that today "the market will consolidate while digesting the employment numbers." Today the market traded in a range and finished flat. Looking ahead to tomorrow, the market will again trade in a range with a downward movement, as the...

Oct. 8, 2010 Analysis: Yesterday's Analysis predicted that "the private payroll increase will disappoint because the consensus of 75,000 increase is a lofty expectation," and today the increase turned out to be 64,000. Upon the release of the news, the index futures dropped to as low as...

Oct. 7, 2010 Analysis: Today the better-than-forecast Initial Jobless Claims failed to lift the market, and the market made another attempt to drop below 1,150 in a day of consolidation. Looking ahead to tomorrow, the private payroll increase will disappoint because the consensus of...

EWT, Thank you for your comments. The answer to your first question is in the Analysis, namely, "the IMF lowered its forecasts for US growth this year and next, and the ADP survey cast doubt on the sanguine employment expectation of private payroll increase on Friday." If the market is...

Oct. 6, 2010 Analysis: Today the market's performance was disappointing to the Bulls, as it failed to build on yesterday's momentum but instead tried to drop back towards 1,150. The IMF lowered its forecasts for US growth this year and next, and the ADP survey cast doubt on the sanguine...

Oct. 5, 2010 Analysis: On Oct. 1, 2010 the Analysis predicted that "the market will attempt to stay below 1,131 before rallying from a point below 1,131 to soar above 1,150." Yesterday the market got a fraction of a point above 1,131 and today soared above 1,150 convincingly. This is a...