The Morning at EF Hutton--Nov 4

On the Quantifiable Edges Blog--Test of Strength

A few weeks ago I wrote about the propensity of upside gaps of 2% or more to pull back at some point in the following few days. There are currently 2 upside gaps of 2% or more that have yet to close below the opening gap price. They are the 10/28 and the 10/30 gaps. It appears unlikely that the 10/28 level of $87.34 will be threatened in the next day or so. Should the 10/30 opening gap also hold that could be viewed as a significant sign of strength for this early attempt at a rally. Read More...

On the Calculated Risk Blog--More on Auto Sales

To say that the U.S. auto sector continues to bleed may be an understatement. Maybe we should start talking about a severed artery. Read More...