Harry Boxer has more than 30 years of Wall Street investment and technical analysis experience, and he spent eight years on Wall Street as chief technical analyst with three brokerage firms. Mr. Boxer is a technical consultant to many Wall Street hedge funds and large institutional traders. Mr. Boxer is currently author of "The Technical Trader" and "The Technical Trading Diary" on the financial website The Technical Trader. He is a regular columnist on ADVFN, Stockhouse, and DecisionPoint, among many sites, and a regular guest on WinningOnWallStreet, Marketviews.tv, KFWB-Radio Los Angeles, and more. Mr. Boxer is a frequent guest columnist at CBS MarketWatch, and has been featured on CNBC, Futures Magazine and Technical Analysis of Stock & Commodities magazine. Mr. Boxer won both the 1995 and 1996 worldwide Internet stock market trading contests, "The Technical Analysis Challenge."
The stock market had an epic day today as the indices rolled over in the morning, accelerated in the afternoon, and then plunged with a huge spike down on heavy volume.
The stock market indices started the week off with a bang reversing Friday’s sell-off, and after a late morning pullback held support they took off and ran sharply higher.
The stock market indices staged a fantastic late rally in the afternoon, taking back all the morning losses from the sharp gap-down at the opening and downside follow-through early on.
The stock market indices had a decisively negative session today, gapping down from the get-go, snapping back in an early rally try but failing at resistance and then rolling over hard.
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