Originally posted at Capitalstool.com. Join the discussion. Bears won yesterday’s screen game with 37 sell signals and 9 buy signals. That compares with Friday’s 70…
the 5 day cycle projection on the S&P fucutures at 5:30 AM in NY was 4125-30.
Click here for commentary.
The Treasury Borrowing Advisory Committee (TBAC) is a gang of Primary Dealers and other big investment firms that tells the US Treasury once each quarter…
Now, to the charts. First, let’s step back and look at 4 hour bars on the ES, the S&P fucutures for a little perspective.
So it would appear we are either at the top to end all tops, or the breakout to end all breakouts. Are we clear on that?
As soon as I heard that Friday’s nonfarm payrolls report was the biggest “miss” in history, I knew that something was “amiss,” and it wasn’t the eConomissts’ estimates.
All cycles have gotten back in gear. The upside could be explosive. This report tells what to look for that would trigger that scenario. Technical…
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.
Bulls won yesterday’s screen game with 22 buy signals and 16 sell signals. That compares with Wednesday’s 34 buys to 12 sells. We’ve had a couple…
On the daily charts, anyway.
One day, it will break, and it will be all over.
For now, we look at shit like this and see patterns that would have been frighteningly bearish in the good old days when markets were markets, turn up.
The…
Withholding tax revenues exploded higher in April. Everybody knows the jobs number will be huge. The withholding data says not huge enough. But I’m not…