But First, A Number Before I get into the withholding tax data for May, the Treasury just posted the following on the heels of the…
Swing trade stock screens produced 102 charts with multiple buy signals as of the last two trading days of the past week. There were 116…
Well, it’s all semantics of course. Traders can find opportunities to trade in any environment. What you call it does not matter one iota.
The only exception is tight trading ranges. They are meat grinders and the object there is too maintain cap…
Yesterday, half tongue in cheek, I headlined our thread, Sell the News. But I noted that we didn’t know what the news would be. But still…
Now we know.
And so, the debt ceiling deal is done. Which truthfully, I did not expect. Bu…
The problem is that we don’t know what the news will be. Will the House pass the debt ceiling deal, or not.
In either case should it be sold?
Maybe not. The 5 day cycle low is due today, and the projection on the ES 24 hour S&P futures …
Meanwhile, back at the day trading stuff, the hourly ES, S&P 500 futures looks poised for another surge.
There are conflicting indications between the broad market averages and cycle screening measures which take the temperature of the market on a micro basis. It…
Gold is due for a short term cycle low as soon as this week, but there’s still a 6-7 week cycle projection of xxxx that…
Swing trade stock screens produced 50 charts with multiple buy signals as of the last two trading days of the past week. Four of those…
There’s a lot of stuff out there that purports to be economic, monetary, and liquidity analysis. I don’t read other people’s stuff. There’s no point. Markets don’t anticipate and they don’t discount the future. Anyone who successfully anticipates a big…
