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.
FEEDThere are very few people on the planet more famous than CNBC’s Jim Cramer when it comes to financial media. He’s been around for decades (and, oddly, still looks exactly like he did thirty years ago), shouting out investment ideas and …
FEEDMy largest position, by far, is my EFA put position that I’ve been building for weeks. We have had our faith tested on this one, but the pattern has continued to unfold beautifully, following the update I did two weeks ago. If this pattern co…
The first three weeks of 2022 have been brutal for risk assets including stocks and crypto. Long forgotten is the traditional Santa rally and suddenly cheerful $SPX 5,000-5,300 price targets seem much […]
Markets this week provided inklings of a potentially far-reaching Critical Juncture. Before this is over, astonishing amounts of perceived wealth will have vanished into thin air. Tens of millions of unsuspecting “investors” will lose meaningful amounts of their savings. They bought into the mania, threw caution to the wind, and will suffer the consequences. Blindsided.
FEEDYou’d think I’d be tired of charting by Friday night, but nope, chart fatigue never really sets in. I was looking at crypto charts, even though I haven’t touched crypto in three months, and I saw something very excited that I want…
Worries over post-COVID demand and rising interest rates have fueled a market selloff, with pandemic stocks hit particularly hard.
The post Seeing Red: Is the Heydey of Pandemic Stocks Over? appeared first on Visual Capitalist.