The market has reached maximum extension versus the Composite Liquidity Indicator. The indicator remains flat despite surging bank deposits. Investors and dealers appear to be…
I wish you and yours the happiest of holidays, a Merry Christmas, and Happy New Year! And a special thanks to you, Liquidity Traders! While…
Nothing to add today. Previous comments still apply. Meanwhile, letting the 3 new mining stock picks ride, with an average gain of 4.9% on an…
The Santa Claus rally ain’t dead yet. Wednesday’s stock market pullback and yesterday’s rebound left the uptrend intact. A close below 4725 today would be needed to send Santa packing. Otherwise, party on till New Year’s Eve!
I wish you and yours …
They blamed Zero day options for yesterday afternoon’s meltdown.
Who knows?
The market is on the comeback trail this morning in the wee hours. But is the market still in an uptrend? It is certainly possible because the decline stopped at a t…
As the market has melted up the screens continue to generate far more buy signals than sell signals. Over the past 3 days there have…
There has been virtually no movement in US stock futures overnight. The ES, 24 hour S&P futures are virtually unchanged from yesterday’s New York close at 3:30 AM New York time, about 30 minutes into the trading day in Europe. There was no movement…
The ES 24 hour S&P futures are holding at their uptrend lines here in the wee hours in New York. But the position is tenuous, as momentum has weakened, and prices are right at the trendlines. From 5 AM to the NY open, the key trendline will go from…
There are signs that this rally still has legs. There are also signs that the 4 year cycle is strengthening. The up phase ideally should…
Ah, it’s holiday week. So let’s party. I am behind the 8 ball this morning, so I will just post the hourly chart of the ES, 24 hour S&P futures to get this thing started before most of the guests arrive. In the meantime, I will work on finishing th…