Author Archives: Dave

About Dave

David Steckler enjoyed 24+ years of experience as an investment counselor and portfolio manager before retiring. A former professor at Lindenwood University in Missouri, he also was a member and past president of the American Association of Professional Technical Analysts (AAPTA), and a member of the Market Technicians Association (MTA).

4.11.14 – Blog Will Resume April 23

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4.10.14 – Wipeout!

They’re throwing the baby out with the bathwater as anything that had a nice return last  year is being sold this year.  Biotechs are getting hammered big time.  Earnings reports were mixed today.  The Dow Industrials cratered 267 points to … Continue reading

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4.9.14 – That’s Better

Now that’s what I’m talking about – a nice follow-through to the upside day.  Not that the market is totally out of the woods, mind you – the Nasdaq Composite (up 1.72% today) is still below its 50-day SMA and … Continue reading

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4.8.14 – Is That The Best You Can Do?

If today’s wimpy “recovery” is any indication of what comes next, this market is in deep kimchee.  The Dow Industrials managed a 10 point gain on slightly above average volume to close at 16,256.14.  The S&P 500 Index gained .38% … Continue reading

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4.7.14 – Will Ugly Get Uglier?

The S&P 500 posting its biggest three-day drop in two months as winners from last year are being thrown out with the bathwater.  The Dow Industrials lost another 166 points to close at 16,235.87.  The S%P 500 Index fell 1.08% … Continue reading

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4.4.14 – Blog WIll Resume Monday

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4.3.14 – Gone Fishin’

Stock indexes closed slightly lower as traders sit and wait for tomorrow’s job report.  The Dow Industrials were unchanged (well…they really lost 45 cents) while the S&P 500 Index slipped .11%.  The Nasdaq Composite was hit much harder, falling .91%.  … Continue reading

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4.2.14 – All Clear?

Did the All Clear siren sound off?   The S&P 500 Index closed at a new high and the Dow Industrials just a few points shy of a new high.  The former gained .29% while the latter rose 40 points to … Continue reading

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4.1.14 – Blog Will Resume Tomorrow

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3.31.14 – Who Spiked The Tea?

Perhaps that weak tea I spoke about last Friday was actually spiked Long Island tea!  Although volume was below average across the board, the Dow Industrials jumped 134 points to close at 16,457.55.  The S&P 500 Index gained .79% while … Continue reading

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