Yesterday’s rally had a bit of not a second, but a third wind, feel to it. The first leg began around April 18, when I was reporting that cycles and liquidity showed the market was headed for a new high in this bull phase. The second wind started on Ma…
“Sell in May and go away,” looks like a good idea again this year. The time has come. The time is now. Here’s why. Non-subscribers,…
In running my daily stock screens for my personal trading account, I’ve been getting some bizarre results over the past week. Today was no exception.
These are the same screens that I run for the weekly swing trade chart picks report in Liquidity …
Seriously. A 5 day cycle high is due today or tomorrow on the ES, 24 hour S&P futures, but there’s no sign of a move either way. Higher But Narrow
So we wait.
The range parameters to watch are 5209 and 5240. Snoozefest until one or the …
List performance turned negative last week after more than 2 straight months of weekly gains. Including picks still open at the end of the week,…
There are multiple indications that the market averages will move higher, but other signs that the advance remains narrowly based. Some stocks may be shortable. …
The last rally in a xxxxxx month cycle topping process is now under way. There are no projections yet on the shorter cycles, while the…
The chart of the hourly ES 24 hour S&P futures has met a key resistance trendline and has halted its move as of 7 AM NY time. But is this the end of the move, or merely a pause that refreshes? A 2-3 day cycle projection points to 5235, done. But us…
But first, our usual look at the hourly bar chart of the ES S&P fuguetures. It’s still in that launch paddy looking setup, 1 day after a 5 day cycle low was due. If this doesn’t launch today, then we’re stuck in a flat up phase, which is more likel…
Today is a national holiday in France, celebrating the Allied victory over the Nazis in WW2. So we won’t see any tape action until New York traders start actively trading in about 2 hours at about 8 AM. At that point we’re looking at a trend convergen…