The stock market rally has stuttered and stumbled over the past 9 days. We now know why and, knowing that, we can forecast what comes…
And apparently, I was the sucker, capitulating on my longs.
But alas, New York premarket trading is just getting ready to roll, and an upside breakout isn’t guaranteed, as the 24 hour ES, S&P futures, move in a narrowing triangle, liable to t…
Thanks to FxFox for reminding me of that thought that I’ve posted many times through the years.
I might add that not only is it the final arbiter. It is the only arbiter. All of the arguments about news, and fundamentals and, yes, even…
Back when I was a kid trading from the customers seating area at the Walston and Co. office in downtown Philly, on a day like yesterday, the old heads there would say that. I’m not sure that still holds today.
But these were guys who had been thro…
For the week ended February 3, there were 49 charts with multiple buy signals as of Thursday or Friday, and only 10 with multiple sells.…
Busy morning this morning, so here’s just the chart of the hourly ES, S&P fugutures. It’s getting close to a bottom.
For moron the markets, see:
Swing Trade Screen Picks – Here are Two on the Buy Side that Stick Out February 6, …
The market took a breather on Friday, but it did no significant technical damage. The rally still has the potential for a big more upside,…
Gold’s pullback last week ripped a gash in the ship’s hull as it sailed the icy waters of the North Atlantic. Subscribers, click here to…
I started this update before the jobs report, was interrupted, and came back to this Yooge upside surprise. I apologize for this reading being disjointed.…
The market faces a real test this morning as negative earnings surprises hammered prices overnight.
Will the losses stick, or is it just another buy the dip?
At 3:30 AM New York time, the pullback has hit a trend sport convergence at 4142….
