Time for a technical update on Bitcoin. In May in Bitcoin Resurgence, when Bitcoin was trading at just below $8000, I offered a technical analysis that outlined a potential move toward the […]
And yesterday it happened, the big flush following weeks of volatility compression. $ES down 250 handles in a matter of days. Now the bounce. Events like this can be overwhelming and you’ll […]
Are we hitting the wall here? Markets. Economy. Technicals. Valuations. All appear at a key crossroads here. Last week’s 3% pullback, while in itself not seemingly dramatic, came at a very key […]
Something significant has happened with US markets this week and whether you’re bullish or bearish I suggest: Watch closely. Full disclosure: We’ve been approaching July from the sell side and I’ve been […]
One day does not a confirmed reversal make, but I wanted to offer a couple of gut check thoughts and chart updates.
The circus is back in town and it’s putting on a major show, the rate cut show.
As outlined this weekend put call ratios are fairly low and benign going into this week’s Fed meeting. No worries. Investor positioning? All in long it appears. One indicator combination of interest, […]
Well, here we are. All roads have led to here. The combustion case outlined in April, the technical target zone outlined in January of 2018. Trade wars, 20% correction in between, Fed […]
Markets are rising toward the shining light that they perceive the upcoming Fed meeting to be. You know what comes after that, right?
You’d think that the drop in yields and a Fed about to cut rates would’ve brought about some relief to credit card bills. No Sir. And you might think that the highest […]
