There are a few high-priced stocks that have completed right triangle patterns that I like, and I’ve mentioned Twilio (symbol TWLO) a few times last month. This is edging its way lower quite nicely. The substantial potential of this pattern c…
They did it in the pre market. The ES fugutures broke out of a launchpad pattern at the top of the meggerphony. But just as quickly, they pulled back to the breakout. Nothing to see here. Yet. That’s normal for a breakout. I think we’d need to see some…
Subscribers, click here to download the report. Gold Boring trading ranges are often long term bullish. But this is gold. Cycles remain mixed with still…
Leveraged fund tend to degrade over time but this one takes the cake.
2021 was yet another tumultuous year. Which stock market sectors thrived during the twists and turns of the last 12 months, and which faltered?
The post The U.S. Stock Market in 2021: Best and Worst Performing Sectors appeared first on Visual Capitalist.
Bonds are getting hit very hard on this first trading day of the year. This is pretty much as low as TLT can go without breaking its intermediate-term uptrend. For ten months, this line has held fast, but given today’s move, interest rates ar…
What seemed so permanent for 13 long years will be revealed as shifting sand and what seemed so real for 13 long years will be revealed as illusion. Magical thinking isn’t optimism, it is folly.
The conditions we were looking for last month have happened. It sets up a perfect storm. But we are ready for it.
I concluded last week that the small number of signals, particularly buy signals suggested that the rally was exhausted, despite the buys having the edge. I chose not to add any charts to the list, long or short, but held on to all of the shorts that had been on the list.
That looks to have been the correct judgement.
This week, I’m adding 5 more shorts to the list.
The party rocks on. The 5 day cycle projection is 4813. Back to the highs.
If it clears that, we hunt for the top of the megaphony at 4834. Happy New Year, bulls. Bears, not so much. Wait till summer.
Meanwhile, the big picture…