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 indices ended narrowly mixed today after a strong morning reversed and a strong sell-off in the afternoon brought them back to near the zero line.
The stock market indices started the week off on a very strong note, gapping up at the opening, moving in a sharp 5-wave advance early on, then consolidating mid-day, reaching new session highs in early afternoon, and backing and filling the rest of the session in what appeared to be possible topping-type patterns.
The stock market indices had a negative day and sharply so in most sectors. The morning saw a very sharp drop on negative consumer confidence index readings.
The stock market indices ended near flat today after some vacillations and gyrations and despite an early morning sharp rally taking the indices to new 5-day rally highs.
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