They’ve been zigging and zagging, and shaking and shucking. The dealers are trying to shake the tree, I think, as the US Treasury continues to pour phenomenal amounts of money into the markets, on top of the Fed’s QE.
Meanwhile, they’re trying to…
This market is full of potholes! Drive defensively!
Bulls took yesterday’s screen game with 17 buys and 12 sells.
This is swing trade buy signals vs. sell signals from yesterday’s action.
These are very low numbers. The market is apparently riding the residual momo from…
Remember this oldy but goody? 4220 or Bust 4/27/21
The new 2-3 day cycle projection is 4210. Can’t make a precise 5 day cycle projection, but if the market doesn’t pull back much before NY opens, we’d be looking at around 4225-30. The codpiece pattern has broken out, with a projection of…
Yesterday’s screen game was a virtual tie with 13 buys and 14 sells.
This is swing trade buy signals vs. sell signals from yesterday’s action.
We could still be under the influence of the 58-16 bull win from Monday’s action. And that could be a second wind off the thrust of the 155 buy signals that started the 6 month cycle up phase back on March 28. That was the Big Kahuna.
They’re hanging around up here, balanced on the tight rope swaying in the breeze. How are your nerves.
It’s 2 AM in New York. Do you know where your stonk market is?
Have you ever noticed that as soon as you put it in writing–anything– it does the opposite.
Originally posted at the Stool Pigeons Wire Bears won the screen game from yesterday 35-26. That follows a 29-12 bull victory and Tuesday’s 56-14 bear…
And an air pocket has developed.
To be serious for a moment, a big change in the tax on capital gains would shift the supply/demand equation. Obviously, we can’t know yet if that would be enough to change the long term trend, but yesterday’…