List performance degraded last week, with the average gain dropping to +2.5% on an average holding period of 12 days. That includes open picks and those that triggered stops during the week. Remaining picks are shaky. I have tightened stops.
This table summarizes recent list performance.
Every time there’s a critical problem in the banking system due to banker malfeasance, the Fed steps in to paper it over and reward the…
Looking at cycle projections a bit shorter today, the 6 month cycle projection comes to about 36,000. That’s done. Yesterday, I showed that the…
Bulls won yesterday’s screen game by 59 to 6. That includes 4 sell signals on inverse ETFs counted as bullish. That’s a huge margin, second recently only to the 153 to 6 bull stampede last Friday, which suggested a new bull swing phase.
Hey! I don’t manipulate or argue with the numbers. They are what they are. Disbelieve them at your own risk.
5 day cycle indicators have gone to the sell side here in the wee hours in New Yak, but the 5 day cycle projection still points to 4195. That’s a little lower than yesterday’s late projection, but still well above the highs of this rebound. I wouldn’t …
Zero Hedge, in its inimitable, breathless, and incomprehensible fashion referred to a looming crisis in the Fed’s Reverse Repo program.
This is an important issue, but there’s a lot of confusion around it, so I want to try to explain exactly what’s going on and why it’s not a crisis now, but is a mirror on a process that will lead to one. We know exactly why, and we know when.
Bears won yesterday’s screen game by 29 to 21. That’s not a lot, especially considering that 6 of the sell signals were fixed income funds. This compares with Tuesday’s 32 to 15 bull win. And we’re still looking back at that 153 to 6 bull stampede last Friday, which suggested a new bull swing phase. And the 5 day numbers keep getting more and more bullish.
Originally posted at Capitalstool. Well, they broke the BTC 9 month cycle projection with a few thousand to spare yesterday. So, let’s see how it…
“Frustrating” is a word that doesn’t do this market justice. Who’s happy with this action? Day traders! That’s who! The intraday patterns have been remarkably orderly.
For the rest of us, not so much. For we who are looking for swing trades of a c…
This is really bizarre. Bulls won yesterday’s screen game by 32 to 15. This compares with Monday’s 27 to 8 bull win, which came on top of a 153 to 6 bull stampede on Friday, which suggested a new bull swing phase.
The 5 day total is 252 buys to 86 sells, a spread of +166. That’s up from +144 yesterday.
And yet the market slides.