Tag Archive for Technical Indicators

A Cynic Might Say The Fed Has Told Certain Well Connected Trading Firms That More QE Is On The Way

Technical indicators continue to tilt toward confirming that a 6 month cycle low is behind us. A cynic might believe that certain big money players with a big time former executive at the helm of the NY Fed might have an inside track on what the Fed’s decision will be on Wednesday, and that that…

Will Monday Be The Dawn Of Correction?

Apparently I wasn’t the only one who correctly guessed that Friday’s jobs data would be a big miss. (https://wallstreetexaminer.com/2012/04/05/nonfarm-payrolls-should-fall-by-377000-but-they-wont/). In spite of the fact that the market averages were only down a hair, sell signals cropped up on a number of intermediate technical indicators on Thursday, and the screening data was much weaker than the…