The selloff yesterday got ahead of both the 5 day cycle downside projection of 4730-35 and the conventional measured move target of 4725-30. It was only a slight breakthrough so it may not mean much. But if the drop extends this morning, then the alter…
If the last years have shown us anything, it’s that a lot can change, fast. While many events cannot be foreseen, can others? Ipsos asked more than 25,000 people across 34 countries about their predictions for the coming year, with a survey on topics r…
No, this is not the beginning of the end. There’s more work to be done for this bull to top out, But first, a breather. …
I don’t know about you, or the market, but I’m going back to work. Hope you had a great week, and I wish you the best for the new year. I had a nice week off running a bathroom renovation over the holidays. Ha ha.
But here we are, and I’ll start …
The market has reached maximum extension versus the Composite Liquidity Indicator. The indicator remains flat despite surging bank deposits. Investors and dealers appear to be…
I wish you and yours the happiest of holidays, a Merry Christmas, and Happy New Year! And a special thanks to you, Liquidity Traders! While…
Nothing to add today. Previous comments still apply. Meanwhile, letting the 3 new mining stock picks ride, with an average gain of 4.9% on an…
The Santa Claus rally ain’t dead yet. Wednesday’s stock market pullback and yesterday’s rebound left the uptrend intact. A close below 4725 today would be needed to send Santa packing. Otherwise, party on till New Year’s Eve!
I wish you and yours …
They blamed Zero day options for yesterday afternoon’s meltdown.
Who knows?
The market is on the comeback trail this morning in the wee hours. But is the market still in an uptrend? It is certainly possible because the decline stopped at a t…
As the market has melted up the screens continue to generate far more buy signals than sell signals. Over the past 3 days there have…