The small caps have been banging around their range ever since they entered it on January 18th. We are getting close to the top of that range. I would point out in particular the blue trendline; any surviving bears out there do NOT want to see pric…
Let’s jump overseas and look at a few interesting outside-the-US ETF charts. First up is the Eurozone, which is sporting a massive rounded top pattern. The monster question has to do with those two horizontal lines – – has the bou…
If I had any balls………any at ALL………..I would be shorting stuff left, right, and sideways right now. But after a week like this, I am in a fetal position in a corner of the room, swaying back and forth. Just as a m…
Pick a card, any card.
Thanks to a tidal wave of completely-made-up economic “data” from the central planning committee of the Chinese Communist Party, the China stock ETF symbol FXI went up almost 30% from just Tuesday’s low to Wednesday’s high, …
The past two days notwithstanding, I believe we are at the start of a lengthy bear market in equities. We certainly have not received “the big break” yet, but I offer these three charts. First is the Russell 2000 accompanied by the adva…
As you know, the Chinese stock market (and property market, for that matter) has been a complete fiasco. To give you a taste of what’s been going on, I present to you a quantity of stocks (ironically, eight of them, which I deliberately chose…
Although I don’t trade it myself, I just saw this admonition pop up on one of my brokerage accounts. So let me get this straight – – a financial instrument is designed to allow people to take advantage of increase in volatility, b…
Good morning, everyone. Well, right on schedule, here’s our every single morning “everything’s gonna be just fine” rally on the /ES. I’ve grown accustomed to these, and given the market that I prefer (a long, slow, gri…