If you are day trading a 5 day cycle, you lose. If you are day trading a 3 day cycle, you lose. If you are trading a two day cycle you were good until yesterday. Yesterday, not so much. Now if you downshift to trading 1 day, intraday cycles, I guarante…
The list showed an average gain of 3.5% with an average holding period of 10 calendar days last week. I had tightened stops with the…
At least, so far this morning, looks like the monkey is getting choked, but let’s look again after the first half hour of regular trading in New York in 3 hours from the time I’m writing this.
Meanwhile, overnight, the Asians and Europeans were o…
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.…
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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…
The question that should be on our minds is: how are my household’s buffers holding up?
As a reminder, the scumbag criminal morons offered this target for the S&P for the end of 2022. I’d say they were off a little.
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…