There are only so many ways to say this, and I ran out a couple of days ago. Until there’s a price break, the market is still on course for a meeting with the 13 week, 6 month, and 10-12 month cycle projections…
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Tag Archive for Couple Of Days
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Take My Stock Sunday…And This Weeks Stoopid Award
by AG's Nightmare •
Futures are open so the forex traders can get their fix in for several hours. I predict next week the pundits will be falling all over themselves as the “price target” competition starts again since we are going up. I’m sure there will be several Stoo…
Liquidity Trader, Professional Edition
Less Bad, Briefly- Professional Edition Fed Report
by Lee Adler • • 0 Comments
Most of the pressure from last week’s enormous Treasury financing continued to be borne by the stock market, with the exception of a couple of days mid week. This week’s calendar is light as is the calendar for the month as a whole, thanks to estimated tax payments due at mid month. This should translate…
Latest Business Headlines, Professional Edition
Mulligans and Lost Balls- Professional Edition
by Lee Adler • • 0 Comments
Did you lose your balls over the past couple of days? The stock market has become just like a friendly game of golf for business. The boss gets to take a mulligan while you go searching for your lost balls. That mulligan now confirms that there are no rules. More players will cheat to win,…
Latest Business Headlines, Professional Edition
Turnabout is Foul Play – Professional Edition
by Lee Adler • • 0 Comments
In a stunning turn of events the market took a trend breakout and turned it into a fakeout. Most shorts probably covered when stops were violated late last week and Monday, leaving a dearth of demand in a range made bare of bids by repeated crossings over the past 3 months. We’ve seen this pattern…
Latest Business Headlines
Life or Death Day for Market- Professional Edition
by Lee Adler • • 4 Comments
The market faces a life or death decision over the next couple of days that’s likely to set the tone for the next several months. Since tomorrow is FOMC circus day, I wouldn’t necessarily trust a one day move, but it will depend on what the indicators do. They are positioned here to give a…
Liquidity Trader, Professional Edition
I Kid You Not – Professional Edition Fed Report
by Lee Adler • • 0 Comments
Today’s report examines the latest Fed balance sheet data and surprise, surprise, the Fed had a little shrinkage problem this week. The cuts were particularly large in those programs that most directly impact the markets. If this were to continue, the market would take another hit. For the Fed to contract its balance sheet the…
