Note: Holiday Publication Schedule- I’ll be taking a brief break from publishing over the holiday week. I expect to resume publishing on July 6. Enjoy…
On a personal note, today is my last day in Zadar. I have such mixed emotions. I have fallen in love with this place in…
That’s how many they broke here in the wee hours approaching 6 AM NY time. They came down to two channel lines converging at 4270 and the plunge stopped on a dime right there. Trading algos know where the trendlines are.
Now if they drop be…
Originally posted at Capitalstool. Follow and join the discussion. 30 minute bars on the S&P 500 (ES) futures nicely show how momentum has steadily faded…
The ES futures and the broad US market keep churning a little higher day by day. It’s a weak uptrend, locked within a couple of narrow rising channels at various angles, from almost flat, to rising at about 10 points per day, woop de doo. The most imp…
But it looks like a dead cat at best. Subscribers, click here to download report. Try Lee Adler’s Gold Trader risk free for 90…
The latest update of our message board software at Capitalstool briefly broke the site. I couldn’t post over there this morning, so did our AM…
Cycles are topping out. That includes the big ones.
Yet again, whenever I pick a few shorts to add to the list, the market smacks me upside the head. Fool me once, shame on you, fool me twice, shame on me. It’s like our permabear friends, whose names I’ll withhold out of respect for the dead, who have been warning for 12 years that the market is about to crash. They will be right one day. Well, every few months I’ll see a few short picks that I like and add them to the list. We’ll probably keep losing money on them, but one day, I’ll be right. You’ll see! 😆
It could just stumble drunkenly higher bit by bit.