A week or two ago, Peloton announced they would be cranking up fees to deliver their stationary bicycle to homes by hundreds of dollars. Not long after, the stock collapsed. Similarly, a couple of weeks ago, …
The number of traders who beat the indices soundly over both Bull and Bear markets are very few in number.
I have unfortunately gotten a few days behind schedule on publication this week. I am currently working on a Primary Dealer update which I’ll post…
Let’s stop talking about equities for a moment and turn our attention to the one thing whose bull market I always applaud, which is GOLD. Looking at symbol GLD there is some very interesting action happening in the form of a symmetric triangl…
Below is the founder of Palantir, which was created here in Palo Alto and actually took over Prophet’s old offices downtown. The chap shown is founder Alex Karp. Take a good look at his clothes, his visage, and his general demeanor. Every mol…
Have you recently come across the word “knoll”? If so, chances are, you’re playing Wordle, an online word puzzle game that has become the latest social media craze. The game’s simple setup, the fact that there’s only one word per day and that it’s the …
Here on the eve of rectumification, I will start with this bit of well deserved self congratulations, which is as opposed to my usual self flagellation.
Our Chart Pick List Was Short Up the Wazoo, Woohoo! Now What?
At 6:30 AM in New York, ear…
The extra layer of screens that I instituted for swing trade chart picks last week, and a cooperative market, paid off in a big way. Woo hoo!
Hello, everyone. I’m typing this on Sunday evening about an hour after the futures markets have opened. In the least surprising news in human history, the ES, NQ, and RTY are all green right now, although modestly so. I wanted to share a few …
Cycle screening measures screamed higher in a pattern similar to October-November 2020. That led to a breakout and long upleg. It doesn’t guarantee the same outcome here, but we need to be cognizant, and prepared for the possibility.