The technical picture is a mixed bag this week. It leans bullish in the short run, but still toppy to bearish over the intermediate term.…
The stories abound about how Wall Street got 2022 all wrong. Well this guy did not get it wrong. He got it right. He is not a crook. He earned… everything he got.
Hourly oscillators are on the buy side on the ES S&P 500 fuguetures this morning. It looks like only a 3 day cycle low. It’s too early for the 5 day, so I’m guessing there’s one more down wave accompanied by a positive divergence before this sell w…
Our friend WTF, with his program of buying the beaten down p,o.s. TSLA got me to thinking. Which is rare because an set in my ways. But I got to thinking about how tax loss selling might be impacting this market. Sure enough if you look around, the wea…
Most of you have better things to do, I know, but for those who don’t, or just prefer watching market squiggles to shoveling snow, I’m opening this thread for the interanum week.
Depending on your perspective, this is either a top…
30 minu…
Sticking to the method that I developed for this exercise finally paid off last week. The list returned to solid profitability for the week, after…
With the holidays here, I know that you and your fellow subscribers will be busy with more important things, so I will also take the…
That’s about the only thing I could think of to meaningfully describe this market. Meanwhile, a couple of comments in response to your late postings yesterday.
Ah, yah.
Or one owner of many properties. 😉😉
In m…
The US Treasury has been pumping a gusher of cash into the market ecosystem in December, but Composite Liquidity remains flat. And that, my friends…
As of 5:15 AM New York time, we can finally say that the endless uptrend channel on the ES, 24 hour S&P fuguetures, that lasted a whole 2 1/2 days, has been pierced. This follows 5 touches or near touches of the channel’s bottom trendline, not incl…
